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January 18, 2021

CCXAP assigns Bg+ Guangzhou Fineland Real Estate Development Co., Ltd.’s proposed US dollar-denominated notes

Hong Kong, 18 January 2021 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has assigned Bg+ to the proposed US dollar-denominated senior notes to be issued by Guangzhou Fineland Real Estate Development Co., Ltd. (“Fineland” 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 www.ccxap.com (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 www.ccxap.com (Rating Methodologies).

 

Click here to download the press release.