Fitch gives AVIC notes A-

Fitch Ratings said it assigned an expected A- rating AVIC International Leasing Co., Ltd.'s planned senior unsecured notes to be issued under the $3.5 billion medium-term note program shared by Soar Wise Ltd. and Soar Wind Ltd. Soar Wise, AVIC's wholly owned offshore special-purpose vehicle, will issue the notes.

The rating is aligned with those of Soar Wise’s outstanding senior unsecured notes.

The proceeds will be used for debt replacement.

The outlook is stable.

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