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Prospect News home > News index > List of issuers B > Headlines for Bank of China Ltd. Dubai Branch > News item |
S&P rates Bank of China MTNs A
S&P said it rated the Bank of China Ltd. Dubai Branch’s planned dollar-denominated fixed-rate notes A. The notes will be issued under the bank’s $40 billion medium-term note program.
The rating reflects the rating on the branch’s parent the Bank of China Ltd., the agency said.
The issuer intends to use the proceeds for general corporate purposes.
The outlook is stable.
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