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Spain Upgraded by S&P on Strong Economic Growth

Spain Upgraded by S&P on Strong Economic Growth

S&P Global Ratings raised Spain's sovereign rating by one notch to 'A-' from 'BBB+', citing the country's "continuously strong economic performance, accompanied by a solid current account surplus and ongoing budgetary consolidation".  This is Spain's highest...

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S&P Upgrades Yanlord by One Notch to ‘BB’

S&P Upgrades Yanlord by One Notch to ‘BB’

S&P Global Ratings raised Yanlord Land Group's long-term corporate credit rating to 'BB' with a stable outlook, from 'BB-' and raised the long-term issue rating on the company's outstanding senior unsecured notes to 'BB-' from 'B+'.  The international credit...

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ChemChina Bonds Sell-Off to Make Way for New Issue

ChemChina Bonds Sell-Off to Make Way for New Issue

China National Chemical Corporation (ChemChina) priced a 6-tranche transaction yesterday, comprising of US dollar-denominated bonds in 5 tenors as well as a Euro-denominated bond.  Leading up to the sale, the state-owned company’s US dollar curve sold off as investors...

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