Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Linyi City Development International Co., Ltd. > News item |
Fitch rates Linyi City bonds BBB-
Fitch Ratings said it assigned a BBB- rating to Linyi City Development Group Co., Ltd.'s planned U.S. dollar senior unsecured bonds.
The bonds will be issued by its indirect wholly owned subsidiary, Linyi City Development International Co., Ltd., and will be guaranteed by the parent, which Fitch rates BBB-.
The proceeds will be used to finance project construction and supplement operational capital.
The outlook is stable.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.