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Prospect News home > News index > List of issuers C > Headlines for Central International Development (BVI) Ltd. > News item |
Fitch rates Henan Investment bonds A-
Fitch Ratings said it assigned Henan Investment Group Co. Ltd.'s planned guaranteed senior unsecured bonds a rating of A-.
The bonds are to be issued by Central International Development (BVI) Ltd. and will be guaranteed by Henan Investment.
“The proposed bonds are rated at the same level as HIG's long-term issuer default rating (IDR), as they will constitute its unsubordinated and unsecured obligations, and will at all times rank pari passu with all its other present and future unsecured and unsubordinated obligations,” Fitch said in a press release.
The proceeds are intended for refinancing debt, project construction and investment.
The outlook is stable.
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