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Fitch rates Times China notes BB-
Fitch Ratings said it assigned Times China Holdings Ltd.'s (BB-/stable) proposed dollar senior notes a BB- expected rating.
The proposed notes will be rated at the same level as Times China's senior unsecured rating because they will constitute its direct and senior unsecured obligations, the agency said.
Times China's ratings are supported by a significant increase in scale without compromising its financial profile, the agency added.
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