(The following statement was released by the rating agency)
HONG KONG, June 21 (Fitch) Fitch Ratings has assigned
China-based Yunnan
Metropolitan Construction Investment Group Co., Ltd. (YMCI)
Long-Term Foreign-
and Local-Currency Issuer Default Ratings (IDR) of 'BBB+' with a
Stable Outlook.
Fitch has also assigned YMCI's proposed senior unsecured US
dollar notes an
expected rating of 'BBB+(EXP)'. The notes will be issued in the
offshore market
and by YMCI's wholly owned subsidiary, Caiyun
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