Fitch rates Anhui notes A-

Fitch Ratings said it assigned Anhui Transportation Holding Group Co. Ltd.'s planned senior unsecured dollar-denominated notes a rating of A-.

Wholly owned subsidiary Anhui Transportation Holding Group (H.K.) Ltd. will sell the notes.

The parent, rated A- by Fitch, will guarantee the notes.

Proceeds will be used to refinance the subsidiary’s offshore debt and for general purposes.

The outlook is stable.

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