Bocom Leasing’s US notes final ratings

The notes issued under Bank of Communications Financial Leasing medium-term note (MTN) programme have been assigned a final rating of ‘A’ from Fitch, A2 by Moody’s and A- by S&P. The notes, issued by Azure Nova International Finance, are: US$700million of 3% notes due on 21 March 2020, sold at a price of 99.792% with an initial yield of 3.07%; US$1.05 billion of 3.5% notes due on 21 March 2022 were sold at a price of 99.478% with an initial yield of 3.62%; and US$250million of 4.25% notes, due on 21 March 2027, sold at a price of 99.485% with