Moody’s gives A3 to Wuhan Metro

Moody's Investors Service said it assigned an A3 issuer rating to Wuhan Metro Group Co., Ltd.

The outlook is stable.

Moody’s said the A3 issuer rating is primarily driven by its assessment of a very high likelihood of extraordinary support directly from the Wuhan City Government, and indirectly from the Chinese government (A1 stable). This assessment results in a six-notch uplift to Wuhan Metro's ba3 baseline credit assessment.

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