CCXAP assigns first-time long-term credit rating of Ag+ to Metallurgical Corporation of China Limited, with stable outlook; and assigns Ag+ to its proposed senior perpetual securities | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2021.4.12

CCXAP assigns first-time long-term credit rating of Ag+ to Metallurgical Corporation of China Limited, with stable outlook; and assigns Ag+ to its proposed senior perpetual securities

Hong Kong, 12 April 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) first-time assigns A_g+ long-term credit rating of Metallurgical Corporation of China Limited, with stable outlook; and assigns A_g+ to its proposed senior perpetual securities.

The ultimate rating on the proposed senior perpetual securities is contingent upon the receipt of final documents conforming to information already received.

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CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Rating Methodology for Engineering and Construction Companies dated December 2016, available at www.ccxap.com (Rating Methodologies).