Fitch upgrades CEB International

Fitch Ratings said it upgraded CEB International Investment Corp. Ltd.'s long-term issuer default rating to BBB+ from BBB. The agency also boosted CEBI Splendid Ltd.'s senior unsecured notes to BBB+ from BBB. CEB International guarantees the notes.

The rating action comes after Fitch upgraded CEB International’s parent, China Everbright Bank Co. Ltd. to BBB+ from BBB on Sept. 6, Fitch said.

The outlook is stable.

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