Fitch rates China Shandong notes A

Fitch Ratings said it assigned an A rating to China Shandong Hi-Speed Financial Group Ltd.'s (CSFG) planned senior unsecured notes. The proposed notes will be issued from the $2 billion medium-term note program, also rated A, under CSFG's wholly owned subsidiary, Coastal Emerald Ltd.

CSFG's parent, Shandong Hi-Speed Group Co., Ltd. will guarantee the notes.

The proceeds will be used for financing and/or refinancing, in whole or in part, green projects.

The ratings are on rating watch evolving.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.