Moody's: Assigns JD.com Group (09618.HK) a senior unsecured rating of "A3" for proposed RMB senior unsecured notes

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**Insight Network News: **On March 31, Moody’s assigned an “A3” senior unsecured rating to the Renminbi-denominated senior unsecured notes proposed to be issued by JD.com, Inc. (JD.com, Inc., abbreviated as “JD.com, Inc.”, 09618.HK, JD.US).

JD.com plans to use the net proceeds from the proposed issuance of the notes for general corporate purposes, including repaying part of its existing debt and paying interest.

Shawn Xiong, Vice President and Senior Analyst at Moody’s, said: “This issuance will extend JD.com’s debt maturity profile structure and provide it with financial flexibility, while having limited impact on its credit metrics.”

Xiong added: “We expect JD.com to continue to maintain its sound financial discipline and to adopt balanced financing methods for its future investment needs.”

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