Export-Import Bank Of China's Proposed Senior Bonds Assigned 'AA-' And 'cnAAA' Ratings - S&P Global Ratings’ Credit Research

Export-Import Bank Of China's Proposed Senior Bonds Assigned 'AA-' And 'cnAAA' Ratings

Export-Import Bank Of China's Proposed Senior Bonds Assigned 'AA-' And 'cnAAA' Ratings - S&P Global Ratings’ Credit Research
Export-Import Bank Of China's Proposed Senior Bonds Assigned 'AA-' And 'cnAAA' Ratings
Published Mar 05, 2017
3 pages (1141 words) — Published Mar 05, 2017
Price US$ 150.00  |  Buy this Report Now

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Abstract:

HONG KONG (S&P Global Ratings) March 6, 2017--S&P Global Ratings today assigned its 'AA-' long-term issue rating to the senior unsecured bonds that Export-Import Bank of China (China EXIM: AA-/Negative/A-1+, cnAAA/cnA-1+) proposes to issue. The bonds will be denominated in U.S. dollars and euros. We also assigned our 'cnAAA' long-term Greater China regional credit scale rating to the bonds. We have equalized the issue rating with the long-term counterparty credit rating on China EXIM. The bonds will be direct, unconditional, unsecured, and unsubordinated obligations of China EXIM. They will rank equally without any preference among themselves and at least equally with all other unsecured and unsubordinated public external indebtedness of China EXIM. RELATED CRITERIA General Criteria: S&P Global Ratings' National

  
Brief Excerpt:

...HONG KONG (S&P Global Ratings) March 6, 2017--S&P Global Ratings today assigned its '##-' long-term issue rating to the senior unsecured bonds that Export-Import Bank of China (China EXIM: ##-/Negative/A-1+, cnAAA/cnA-1+) proposes to issue. The bonds will be denominated in U.S. dollars and euros. We also assigned our 'cnAAA' long-term Greater China regional credit scale rating to the bonds. We have equalized the issue rating with the long-term counterparty credit rating on China EXIM. The bonds will be direct, unconditional, unsecured, and unsubordinated obligations of China EXIM. They will rank equally without any preference among themselves and at least equally with all other unsecured and unsubordinated public external indebtedness of China EXIM. RELATED CRITERIA + General Criteria: S&P Global Ratings' National And Regional Scale Mapping Tables, June 01, 2016 + General Criteria: Rating Government-Related Entities: Methodology And Assumptions, March 25, 2015 + General Criteria: National...

  
Report Type:

Ratings Action

Ticker
EIBCZ@CH
Issuer
GICS
Specialized Finance (40201040)
Sector
Global Issuers, Structured Finance
Country
Region
Emerging Markets
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Export-Import Bank Of China's Proposed Senior Bonds Assigned 'AA-' And 'cnAAA' Ratings" Mar 05, 2017. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Export-Import-Bank-Of-China-s-Proposed-Senior-Bonds-Assigned-AA-And-cnAAA-Ratings-1810239>
  
APA:
S&P Global Ratings’ Credit Research. (). Export-Import Bank Of China's Proposed Senior Bonds Assigned 'AA-' And 'cnAAA' Ratings Mar 05, 2017. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Export-Import-Bank-Of-China-s-Proposed-Senior-Bonds-Assigned-AA-And-cnAAA-Ratings-1810239>
  
US$ 150.00
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