Moody’s rates Beijing Infrastructure notes A1

Moody’s Investors Service said it assigned an A1 rating to the proposed senior unsecured notes to be guaranteed by Beijing Infrastructure Investment Co., Ltd. Eastern Creation II Investment Holdings Ltd. will sell the notes. The notes will be a drawdown under Beijing Infrastructure’s medium-term note program.

Beijing Infrastructure, which Moody’s rates A1, will use the proceeds to refinance debt and for general corporate purposes.

The outlook is stable.

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