OREANDA-NEWS. Fitch Ratings has assigned China-based toll-road operator Shenzhen Expressway Company Limited's (SZE, BBB/Stable) proposed US dollar bond issue an expected rating of 'BBB(EXP)'.

The bonds are rated at the same level as SZE's Long-Term Foreign-Currency Issuer Default Rating (IDR) because they represent direct, unconditional, unsecured and unsubordinated obligations of the company.