Moody’s rates Tibet Financial notes Ba2

Moody's Investors Service said it assigned a Ba2 rating to Tibet Financial Leasing Co. Ltd.’s proposed bonds. The company and its corporate family rating are also Ba2.

Sound financial metrics, rapid asset growth, a short operating history and liquidity risk account for the rating, Moody’s said.

The agency believes that in a time of need Tibet Financial could get a moderate level of indirect support from the Chinese government.

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