News Snapshot:
Rating Action: Moody’s assigns A1 rating to MTN drawdowns by Bank of China, Sydney BranchGlobal Credit Research – 28 Feb 2022Hong Kong, February 28, 2022 — Moody’s Investors Service (“Moody’s”) has assigned A1 rating to the proposed USD-denominated 3-year fixed-rate senior unsecured sustainability notes to be issued by Bank of China Limited (BOC), Sydney Branch. The notes will be issued under BOC’s USD40 billion Medium Term Note Programme.The proceeds of the issuance of the notes will be used to finance and/or refinance eligible sustainability projects.The rating outlook on the proposed notes is stable, in line with the outlook on BOC,...
