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Prospect News home > News index > List of issuers H > Headlines for Haichuan International Investment Co., Ltd. > News item |
Fitch rates Jiangsu Fang Yang bonds BB
Fitch Ratings said it rated Jiangsu Fang Yang Group Co., Ltd.'s proposed dollar-denominated bonds BB.
The bonds will be issued by Haichuan International Investment Co., Ltd., an indirectly wholly owned subsidiary of Fang Yang. Fang Yang, rated BB, will guarantee the notes.
Fang Yang will use the proceeds to repay its offshore debt.
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