CCXAP affirms Logan Group Company Limited’s BBBg- long-term credit rating, with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2021.5.26

CCXAP affirms Logan Group Company Limited’s BBBg- long-term credit rating, with stable outlook

Hong Kong, 26 May 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed BBB_g- long-term credit rating of Logan Group Company Limited (“Logan” or the “Company”), with stable outlook. At the same time, CCXAP has affirmed Logan’s BBB_g- debt rating on USD300 million 5.25% senior notes due 2025.

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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).