Moody's assigns provisional (P)Baa1 to PowerChina's guaranteed MTN program
Rating Action: Moody's assigns provisional Baa1 to PowerChina's guaranteed MTN program. Global Credit Research- 07 Jun 2017. Hong Kong, June 07, 2017-- Moody's Investors Service has assigned a provisional Baa1 senior unsecured rating to the proposed USD2.5 billion medium-term note program of DianJian Haiyu Limited, Leader Goal International Limited, and Dianjian International Finance Limited.Power Construction Corporation of China, Ltd. is a China-based company principally engaged in the contracting, survey and design of water conservancy and hydropower projects. The Company's principal businesses include the construction contracting, electric investment and operations, real estate development, equipment manufacturing and leasing, among others. The Company is also engaged in the commodity trading, the sales of materials and the construction of highways and bridges through its subsidiaries. The Company mainly operates its businesses in the domestic and overseas markets.
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