07.08.2014 04:31:00

China Construction Bank (Asia) Corp. Ltd. -- Moody's assigns Baa1(hyb) rating to China Construction Bank (Asia)'s PONV subordinated notes issued under its MTN program

Hong Kong, August 07, 2014 -- Moody's Investors Service, ("Moody's") has assigned a Baa1(hyb) rating to China Construction Bank (Asia)'s (CCB Asia) proposed subordinated notes issued under its $5 billion medium term note (MTN) program. The subordinated notes are subject to a partial or full principal write-down at the point of non-viability (PONV) on a contractual basis.

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