Copeinca contributed to about 41% of China Fishery’s total

Copeinca’s ratings are equalised with China Fishery because of strong operational and strategic ties and in line with Fitch’s parent subsidiary linkage methodology. Copeinca contributed to about 41% of China Fishery’s total EBITDA for the financial year ended 28 September 2014 (FY14). Fitch will withdraw Copeinca’s ratings and will not provide any more coverage on the company once its USD250m bond is fully repaid.

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