Moody's rates SOHO China bonds Ba1

Moody's Investors Service said it assigned a Ba1 corporate family rating to SOHO China Ltd.

Moody's also assigned a provisional Ba1 senior unsecured rating to the proposed dollar-denominated bonds issued by SOHO China.

The outlook is stable.

The proceeds from the bond issuance will be used to fund SOHO China's existing and new projects and general working capital requirements.

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