Fitch assigns Wharf notes A-

Fitch Ratings said it assigned Wharf Finance Ltd.'s $300 million 4.625% notes due 2017 a final A- rating. The notes are unconditionally and irrevocably guaranteed by Wharf Holdings Ltd. (A-/stable).

The final rating is in line with the expected rating assigned on Feb. 3.

Wharf's issuer default rating reflects stable rental income generation from its quality property portfolio in Hong Kong, its strong liquidity profile as well as moderate industrial and geographical diversification via its container terminal and media businesses, the agency said.

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