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October 12, 2020

CCXAP assigns BBBg- to Logan Group Company Limited’s proposed US dollar-denominated notes

Hong Kong, 12 October 2020 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned BBBg- to the proposed US dollar-denominated senior notes to be issued by Logan Group Company Limited (“Logan” or the “Company”).


The ultimate rating on the proposed US dollar-denominated bonds is contingent upon the receipt of final documents conforming to information already received.


CCXAP’s public ratings are available at (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Global Rating Methodology for Real Estate Development Industry dated December 2019, available at (Rating Methodologies).


Click here to download the press release.