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Prospect News home > News index > List of issuers C > Headlines for Chengdu Xingcheng Investment Group Co. Ltd. > News item |
Fitch rates Chengdu Xingcheng notes BBB+
Fitch Ratings said it assigned Chengdu Xingcheng Investment Group Co., Ltd.’s proposed dollar-denominated senior unsecured notes a BBB+ rating.
The notes will be issued by wholly owned subsidiary, Xingcheng (BVI) Ltd., and will be guaranteed by Chengdu Xingcheng.
The proposed notes will be issued under its $1.5 billion medium-term note program.
The proceeds will be used for offshore refinancing and general corporate purposes.
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