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Prospect News home > News index > List of issuers H > Headlines for HFI International (HK) Ltd. > News item |
Fitch rates Hangzhou Finance bonds BBB+
Fitch Ratings said it assigned Hangzhou Finance And Investment Group Co., Ltd.’s proposed dollar-denominated senior unsecured offshore bond a rating of BBB+.
The proposed bonds will be issued by HFI International (HK) Ltd., a wholly owned subsidiary of HFI. HFI will guarantee the bonds, which will rank pari passu with all its other present and future unsecured and unsubordinated obligations.
Proceeds will be used for refinancing and business development needs.
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