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Prospect News home > News index > List of issuers Y > Headlines for Yuzhou Properties Co. Ltd. > News item |
Fitch gives Yuzhou Properties notes BB-
Fitch Ratings said it assigned Yuzhou Properties Co. Ltd.’s proposed dollar-denominated senior notes a BB- rating.
“The proposed notes are rated at the same level as Yuzhou’s senior unsecured rating because they constitute its direct and senior unsecured obligations,” Fitch said in a press release.
Yuzhou intends to use the proceeds primarily to refinance debt.
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