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Published on 3/3/2014 in the Prospect News Emerging Markets Daily.

Fitch rates China Resources Land notes BBB+

Fitch Ratings said it assigned China Resources Land Ltd.'s (BBB+/stable) $400 million 4 3/8% notes due 2019 and $700 million 6% notes due 2024 final BBB+ ratings.

The notes are rated at the same level as China Resources Land's senior unsecured rating because they constitute direct, unsubordinated and senior unsecured obligations of the company.

The final ratings are in line with the expected ratings assigned on Feb. 21 and follow the receipt of final documents conforming to information already received.


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