Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers X > Headlines for Xingcheng (BVI) Ltd. > News item |
Fitch gives Chengdu Xingcheng notes BBB+
Fitch Ratings said it gave Chengdu Xingcheng Investment Group Co., Ltd.'s planned dollar-denominated senior unsecured notes a BBB+ rating. The notes will be sold under CXIG's $1.5 billion medium-term note program.
“The proposed notes will be issued by CXIG's wholly owned subsidiary, Xingcheng (BVI) Ltd., and will be unconditionally and irrevocably guaranteed by CXIG,” Fitch said in a press release.
The proceeds will be used for offshore refinancing and general corporate purposes.
The outlook is stable.
© 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.