Fitch Ratings: Confirms Bright Food Group's "BBB+" long-term foreign currency issuer rating outlook as "stable"

On June 11th, Fitch confirmed that China Food Group Bright Food (Group) Co., Ltd. (referred to as "Bright Food Group") has a long-term Foreign Currency Issuer Default Rating (IDR) of "BBB+" and confirmed its overseas subsidiary Bright Food International Limited's (referred to as "Bright Food International") long-term Foreign Currency IDR as "BBB". The rating outlook is "stable". At the same time, Fitch confirmed the "BBB" rating for the 800 million senior unsecured notes issued by Bright Food Singapore Holdings Pte. Ltd., a subsidiary of Bright Food International. The notes are unconditionally and irrevocably guaranteed by Bright Food International.