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S&P gives China Jianyin, notes A
S&P said it assigned an A long-term and A-1 short-term issuer credit ratings to China Jianyin Investment Ltd. (JIC).
The outlook is stable.
At the same time, the agency assigned an A long-term issue rating to the proposed senior unsecured notes issued by JIC Zhixin Ltd.
“The ratings on JIC reflect the company's bb+ stand-alone credit profile and our view that there is an extremely high likelihood of extraordinary support from the Chinese central government for the company,” S&P said in a news release.
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