Fitch: Awarded Bank of Communications Leasing Management (Hong Kong) Offshore Renminbi and US Dollar Notes an "A" Rating.
On May 25, Fitch Ratings awarded Bocom Leasing Management Hong Kong Company Limited (referred to as "Bocom Leasing Management Hong Kong") an "A/Stable" rating for its proposed issuance of 5-year offshore RMB fixed-rate senior unsecured notes and 3-year USD floating rate notes. The notes will be issued under the company's $10 billion Medium Term Note Program. The funds raised will be used for general corporate purposes.
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