Fitch: Assigns 'BBB+' rating to Meituan's (03690.HK) proposed offshore RMB notes

On October 25, Fitch assigned a 'BBB+' rating to Meituan's (03690.HK, BBB+/Negative) proposed offshore RMB notes. The proposed notes rank pari passu with Meituan's existing and future senior unsecured debt, and therefore their rating is the same as Meituan's 'BBB+' senior unsecured rating.