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Prospect News home > News index > List of issuers Y > Headlines for Yichang High-Tech Investment Development Co., Ltd. > News item |
Fitch rates Yichang High-Tech bond BB+
Fitch Ratings said it assigned BB+ long-term foreign and local currency issuer default ratings to Yichang High-Tech Investment Development Co., Ltd.
The outlook is stable.
The agency also assigned a BB+ expected rating on the company’s proposed dollar-denominated unsecured bond.
“The proposed bonds will be YHID's direct, unconditional, unsecured and unsubordinated obligations and will at all times rank pari passu with all its other outstanding and future unsecured and unsubordinated obligations,” Fitch said in a news release.
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