Fitch rates Huzhou City bond BBB

Fitch Ratings said it assigned Huzhou City Investment Development Group Co., Ltd.'s planned senior unsecured bonds a rating of BBB.

“The bonds are rated at the same level as HIDG's issuer default rating (IDR), as they constitute its direct, general, unsecured and unconditional obligations and rank pari passu with its other present and future unsecured obligations,” Fitch said in a press release.

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