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Moody’s gives Bank of China notes A1
Moody’s Investors Service said it assigned A1 ratings to various proposed senior unsecured bonds to be issued by five Bank of China Ltd. The bonds will be drawdowns from its $40 billion medium-term note program.
The Bank of China Ltd., Luxembourg Branch will sell U.S. dollar-denominated five-year and euro-denominated three-year fixed-rate green bonds.
The Bank of China Ltd., Singapore Branch will sell dollar-denominated three-year fixed-rate green bonds.
The Bank of China Ltd. Frankfurt Branch will sell yuan-denominated two-year fixed-rate green bonds.
The Bank of China Ltd. Macau Branch will sell yuan-denominated five-year fixed-rate bonds.
Finally, the Bank of China Ltd. Sydney Branch will sell Australian-denominated three-year floating-rate bonds.
The outlook is stable.
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