News & Events

Sino-Ocean Group Holding Limited's ratings unaffected by proposed tap issuance

Hong Kong, 27 January 2022 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) says Sino-Ocean Group Holding Limited’s (“Sino-Ocean” or the “Company”) (BBBg+/Stable) proposed tap issuance on its existing USD320 million 2.70% senior green notes due 2025 will not affect the BBBg+ rating on the notes. The notes are issued by Sino-Ocean Land Treasure IV Limited (the “Issuer”), a wholly-owned subsidiary of Sino-Ocean, and unconditionally and irrevocably guaranteed by Sino-Ocean.


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).