Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Huzhou City Investment Development Group Co., Ltd. > News item |
Fitch rates Huzhou City bonds BBB
Fitch said it assigned Huzhou City Investment Development Group Co., Ltd.’s proposed US dollar senior unsecured notes a rating of BBB. The proposed notes will be issued by Taihu Pearl Oriental Co. Ltd., which is a directly and wholly owned subsidiary of Huzhou City.
The notes are rated at the same level as Huzhou City and the notes will rank equally with all its other unsecured and unsubordinated debt, the agency said.
The proceeds will be used for refinancing debt.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.