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Published on 9/1/2020 in the Prospect News Emerging Markets Daily.

Fitch rates Beijing Infrastructure notes A+

Fitch Ratings has assigned Beijing Infrastructure Investment Co., Ltd.’s proposed dollar-denominated senior unsecured notes a rating of A+. Wholly owned Eastern Creation II Investment Holdings Ltd. will sell the notes, which will be guaranteed by Beijing Infrastructure.

The proposed notes will be issued under Beijing Infrastructure’s $6 billion medium-term note program, which is rated A+.

Proceeds will be used to refinance offshore debt.


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