S&P rates Bank of China Group notes A

S&P said it assigned its A long-term issue rating to the proposed dollar-denominated senior unsecured drawdown under Amipeace Ltd.’s HK$20 billion medium-term notes program. Amipeace is a special-purpose company of Bank of China Group Investment Ltd., which is wholly owned by Bank of China Ltd., which S&P rates A.

Bank of China Ltd. Macau Branch will guarantee the notes.

Proceeds will be used for general corporate purposes.

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