Fitch rates Chongqing International Logistics notes BBB

Fitch Ratings said it assigned Chongqing International Logistics Hub Park Construction Co., Ltd.’s proposed senior unsecured dollar-denominated notes an expected rating of BBB.

The notes are rated at the same level as the company and rank equally with all the company’s other senior unsubordinated debt.

Proceeds will be used for refinancing and general corporate purposes.

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