Fitch Ratings has given an A rating to Guangzhou Metro Group's proposed offshore yuan senior unsecured notes, according to a Monday release.
Subsidiary Guangzhou Metro Investment Finance (BVI) will issue the notes under its $3 billion medium-term note program.
Guangzhou Metro Investment Finance (HK), the group's main offshore financing and investment arm, will guarantee the notes.
The notes serve as the investment platform's direct, unconditional, unsubordinated, and unsecured obligations while ranking equally with all its other unsecured and unsubordinated obligations.
The notes' rating is equivalent to the parent's issuer default rating, with shifts in the latter to prompt similar movements in the notes.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。