TEXT-Fitch Withdraws China Hongqiao's 'BB(EXP)' Rating

Tue Jan 8, 2013 12:50am EST

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(The following was released by the rating agency)

HONG KONG, January 08 (Fitch) Fitch Ratings has withdrawn the expected 'BB(EXP)' rating on China Hongqiao Group Limited's (Hongqiao) proposed USD senior unsecured notes. The rating has been withdrawn after the company cancelled the issue of the proposed notes.

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