Moody's assigns Baa2 to SPDB Hong Kong branch's senior unsecured notes
Hong Kong, February 13, 2017-- Moody's Investors Service has assigned a Baa2 long-term rating to the USD500 million three-year senior unsecured and unsubordinated notes issued by Shanghai Pudong Development Bank Co., Ltd., Hong Kong branch. The ratings outlook is stable. The notes are being issued pursuant to SPDB Hong Kong branch's USD5 billion European medium-term note program.
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