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Prospect News home > News index > List of issuers Y > Headlines for Yancoal International Trading Co., Ltd. > News item
Published on 6/20/2014 in the Prospect News Emerging Markets Daily.

Fitch rates Yancoal bond BB

Fitch Ratings said it has assigned Yancoal International Trading Co., Ltd.'s $300 million of 7.2% senior guaranteed perpetual bond a final rating of BB.

The bond is guaranteed by Yancoal International's 100% owner Yanzhou Coal Mining Co. Ltd. (BB+/stable).

Fitch said that the perpetual bond is rated one notch below Yancoal's BB+ issuer default rating.


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