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Prospect News home > News index > List of issuers S > Headlines for Shanghai International Port (Group) Co. Ltd. > News item |
Moody's assigns A1 to Shanghai Port bonds
Moody’s Investors Service said it assigned an A1 senior unsecured rating to the proposed dollar-denominated bonds to be issued by Shanghai Port Group (BVI) Development Co., Ltd., a wholly owned subsidiary of Shanghai International Port (Group) Co., Ltd.
The bonds will be guaranteed by Shanghai International.
Proceeds will be used by Shanghai International to repay debt.
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