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2022.3.4
CCXAP withdraws Logan Group Company Limited’s ratings

Hong Kong, 4 March 2022 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has withdrawn Logan Group Company Limited (“Logan”)’s long-term credit rating and senior unsecured debt rating of BBg+ for business reasons. Prior to the rating withdrawal, Logan’s rating outlook was negative.  

 

Click HERE to download the press release.

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results). The methodology used in this rating is the Rating Methodology for Real Estate Development Industry (December 2019), available at www.ccxap.com (Rating Methodologies).