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November 22, 2022

CCXAP assigns Ag- to Zhongyuan Asset Management Co., Ltd’s proposed USD notes

Hong Kong, 22 November 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of Ag- to the proposed USD notes to be issued by Zhongyuan Dayu International (BVI) Co., Ltd., an indirect wholly-owned subsidiary of Zhongyuan Asset Management Co., Ltd (“Zhongyuan AMC” or the “Company”), and unconditionally and irrevocably guaranteed by Zhongyuan AMC.

 

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 Rating Methodology for Finance Companies dated April 2019, available at www.ccxap.com (Rating Methodologies).