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Prospect News home > News index > List of issuers C > Headlines for China South City Holdings Ltd. > News item |
Fitch rates China South City’s notes B
Fitch Ratings said it assigned China South City Holdings Ltd.’s proposed dollar-denominated senior notes a rating of B and a recovery rating of RR4.
“The proposed notes are rated at the same level as CSC’s senior unsecured rating because they will constitute its direct and senior unsecured obligations,” Fitch said in a press release.
CSC intends to use the proceeds to refinance debt.
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