Moody’s rates Wuhan Metro notes A3

Moody’s Investors Service said it assigned an A3 rating to a proposed offering of notes from Wuhan Metro Group Co., Ltd. The notes will be sold from a drawdown under the company’s medium-term note program.

The A3 rating is in line with the company’s rating, Moody’s said.

Proceeds will be used for financing eligible green projects.

The outlook is stable.

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