CHINA: Winsway Coking Coal Holdings rating on S&P’s negative watch

(EnergyAsia, December 1 2011, Thursday) — Standard & Poor said it has placed the two main credit ratings of China-based Winsway Coking Coal Holdings Ltd, which recently announced plans to acquire a Canadian coal miner, on watch with negative implications. Winsway, which formed a joint venture with Japan’s Marubeni to acquire Grand Cache Coal, has...

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