Fitch Withdraws Canadian Solar’s Ratings

Fitch Ratings has withdrawn the Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB-‘ (with a Negative Outlook) and senior unsecured rating of ‘BB-‘ of China-based electric-corporate group Canadian Solar Inc. The withdrawal follows the issuer’s decision to stop participating in the rating process. As a result, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage of Canadian Solar’s debt-servicing activities. RATING SENSITIVITIES Not applicable. Contact: Primary Analyst Fiona Zhang Associate Director +852 2263 9909 Fitch (Hong Kong) Limited 19/F Man Yee Building 68 Des Voeux Road Central, Hong Kong Secondary Analyst Laura Zhai Director +852 2263 9974 Committee Chairperson Kalai Pillay Senior Director +65 6796 7221 Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com. Additional information is available on www.fitchratings.com Applicable Criteria Criteria for Rating Non-Financial Corporates (pub. 10 Mar 2017) here Additional Disclosures Dodd-Frank Rating Information Disclosure Form here Solicitation Status here#solicitation Endorsement Policy here

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Source:Reuters