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June 28, 2021

CCXAP affirms Jiangsu Yueda Group Co., Ltd’s BBBg- long-term credit rating, with stable outlook

Hong Kong, 28 June 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed BBBg- long-term credit rating of Jiangsu Yueda Group Co., Ltd (“Jiangsu Yueda” or the “Company”), with stable outlook. At the same time, CCXAP has affirmed Jiangsu Yueda’s BBBg- senior unsecured debt rating.

 

Click HERE to download the press release.

 

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).