Fitch gives West China Cement notes BB

Fitch Ratings said it assigned West China Cement Ltd.’s planned dollar-denominated senior unsecured notes a BB rating. The notes will be guaranteed by the company's subsidiaries other than those organized under the laws of China. The agency’s issuer rating for West China also is BB.

West China plans to use the proceeds for refinancing and general corporate purposes, including potential investments.

The outlook is positive.

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