S&P rates CSSC Capital 2015 bond A-

S&P said it assigned its A- long-term issue rating to the proposed senior unsecured bonds by CSSC Capital 2015 Ltd., a special purpose company wholly owned by CSSC (Hong Kong) Shipping Co. Ltd.

CSSCHK guarantees the proposed bonds. The guarantee constitutes direct, unconditional, and unsubordinated and unsecured obligations of the guarantor. These obligations rank equally with all other senior unsecured obligations of the guarantor, except for certain obligations required to be preferred by law.

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