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2017.10.18
CCXAP assigns first-time BBBg- to Qiannan Dongsheng Development Co., Ltd and Ag-3 to its USD short-term senior notes, outlook stable

Hong Kong, 18 October 2017 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has assigned a first-time long-term credit rating of BBBg- to Qiannan Dongsheng Development Co., Ltd. (“QDD”), and a short-term credit rating of Ag-3 to its USD short-term senior notes. The rating outlook is stable.

 

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. The methodology used in this rating is Rating Methodology for China’s Local Government Financing Vehicles dated June 2017, available at www.ccxap.com (Rating Process -> Rating Methodology).