Fitch Ratings: Upgrades China Huaneng's long-term foreign currency issuer rating to "A" with a "stable" outlook.
On June 4, Fitch upgraded the long-term foreign currency issuer default rating (IDR) and senior unsecured rating of China Huadian Corporation Limited (referred to as "China Huadian") from "A-" to "A". The outlook is stable. Fitch also raised the ratings of the medium-term notes and perpetual securities issued by China Huadian's wholly-owned subsidiary, China Huadian Overseas Development 2018 Limited, under its program.
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