S&P Global Ratings has given a BBB+ long-term foreign currency issue rating to Guotai Junan International Holdings' (HKG:1788) proposed US dollar floating-rate notes, according to a Tuesday release.
The notes' rating is equivalent to the Hong Kong-based securities company's long-term issuer credit rating, as they serve as the issuer's direct, unconditional, unsubordinated, and unsecured obligations.
They also rank equally at all times with other senior unsecured obligations.
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