Monday, November 21, 2016

Fitch Publishes Taiwan High Speed Rail's 'AA+(twn)' Rating; Outlook Stable

(The following statement was released by the rating agency)

HONG KONG, November 21 (Fitch) Fitch Ratings has published

Taiwan High Speed

Rail Corporation's (THSR) National Long-Term Rating of

'AA+(twn)' with a Stable

Outlook and a National Short-Term Rating of 'F1+(twn)'.

THSR is credit-linked to Taiwan's ratings. This is reflected in

Taiwan's

controlling stake, strong strategic importance as the country's

sole high-speed

rail operator and close state ties. These factors result in a

high l

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