...HONG KONG (S&P Global Ratings) May 31, 2017--S&P Global Ratings today assigned its '##-' long-term and 'A-1+' short-term issue ratings to the proposed US$27 billion medium-term notes (MTN) program by Export-Import Bank of China (China EXIM; ##-/Negative/A-1+, cnAAA/cnA-1+). At the same time, we assigned our 'cnAAA' long-term and 'cnA-1+' short-term Greater China regional scale ratings to the MTN program. We also assigned our '##-' long-term issue rating and 'cnAAA' Greater China regional scale rating to the benchmark-sized senior unsecured notes under this MTN program that the bank proposes to issue. The notes will be denominated in U.S. dollars and euros. The ratings are subject to our review of the final issuance documentation. We have equalized the issue ratings with the long-term and short-term counterparty credit ratings on China EXIM. All notes issued under the MTN program will constitute direct, unconditional, unsubordinated, and unsecured obligations of the issuer. They will rank...
