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Prospect News home > News index > List of issuers C > Headlines for China Minsheng Banking Corp., Ltd., Hong Kong Branch > News item |
S&P rates China Minsheng notes BBB-
S&P said it assigned a BBB- long-term issue rating to a planned drawdown from the $5 billion medium-term note program by the China Minsheng Banking Corp., Ltd., Hong Kong Branch.
The issue rating is equalized with the branch’s parent China Minsheng Banking Corp. “We view the creditworthiness of the bank's Hong Kong branch to be the same as that of the bank,” the agency said in a press release.
The outlook is stable.
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