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Published on 6/11/2015 in the Prospect News Emerging Markets Daily.

Moody’s rates Icbcil Finance notes A3

Moody's Investors Service said it assigned an A3 long-term senior unsecured rating to Icbcil Finance Co. Ltd.’s proposed renminbi-denominated notes.

The rating outlook is stable.

The A3 rating is in line with Icbcil Finance's existing notes supported by a keepwell deed and a deed of asset purchase undertaking between Icbcil Finance, ICBC International Leasing Co. Ltd. (unrated), ICBC Financial Leasing Co., Ltd. (A2, stable) and the notes trustee.


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