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Published on 6/28/2021 in the Prospect News Emerging Markets Daily.

Fitch rates Linyi City bonds BBB-

Fitch Ratings said it assigned Linyi City Construction Investment Group Co., Ltd.'s planned dollar-denominated senior unsecured offshore bond a rating of BBB-.

The bonds will be issued by Yi Bright International Ltd., a wholly owned subsidiary and Linyi City will guarantee the bonds.

The outlook is stable.


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