Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Guangdong Provincial Communications Group Co., Ltd. > News item |
Fitch rates Guangdong Communications bonds A+
Fitch Ratings said it assigned Guangdong Provincial Communications Group Co., Ltd.'s planned guaranteed senior unsecured bonds an A+ rating. The bonds will be issued by Xin Yue Co. Ltd., and will be guaranteed by Guangdong Communications.
Since the bonds are guaranteed by Guangdong Communications, they are rated at the same level as the guarantor, the agency explained.
Proceeds are intended for project construction, refinancing and working capital.
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.