OREANDA-NEWS. Fitch Ratings has assigned China Railway XunJie Co. Limited's (Xunjie) USD500m 3.25% notes due 2026 a final rating of 'A-'.

The notes are to be issued by XunJie, and unconditionally and irrevocably guaranteed by China Railway Group Limited (CRG; A-/Stable). XunJie is an indirect wholly owned subsidiary of CRG. The notes are rated at the same level as CRG's senior unsecured debt rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.

The assignment of the final rating follows the receipt of documents conforming to information already received and the final rating is in line with the expected rating assigned on 14 July 2016.