Report
EUR 159.06 For Business Accounts Only

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.
Underlying
Power Construction Corporation of China Ltd. Class A

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.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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