Hong Kong, September 17, 2015 -- Moody's Investors Service has upgraded the rating on the credit-enhanced bonds issued by Double Charm Limited. The upgrade follows the conclusion of the review of the existing rating and the assignment of Moody's Counterparty Risk Assessment (CR Assessment) to China Merchants Bank Co., Ltd. (CMB). The standby letter of credit (SBLC) provider of the bond is China Merchants Bank Co., Ltd.Shanghai Branch.
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