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Fuel Fix ? TEXt: S&P Rates CNPC Finance (HK)'s Proposed RMB ...

Posted on by Reuters in

HONG KONG (Standard & Poor?s) Oct. 17, 2011?Standard &
Poor?s Ratings Services said today that it assigned its ?A+?
issue rating to the proposed issue of renminbi-denominated
senior unsecured notes by CNPC Golden Autumn Ltd. CNPC Finance
(HK) Ltd. (CPFHK; A+/Stable/?, cnAAA) will unconditionally and
irrevocably guarantee the notes. At the same time, we also
assigned our ?cnAAA? Great China credit scale rating to the
proposed notes. The issuer will advance the proceeds from the
proposed issue t

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(Read the full story on Reuters...)

Source: http://fuelfix.com/blog/2011/10/16/text-sp-rates-cnpc-finance-hks-proposed-rmb-bond-a/

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