CCXAP affirms Sino-Ocean Group Holding Limited long-term credit rating at BBBg+, with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2022.4.19

CCXAP affirms Sino-Ocean Group Holding Limited long-term credit rating at BBBg+, with stable outlook

Hong Kong, 19 April 2022 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of Sino-Ocean Group Holding Limited at BBB_g+, with stable outlook. At the same time, CCXAP has affirmed its senior unsecured debt rating of BBB_g+.

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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 Real Estate Development Industry dated December 2019, available at www.ccxap.com (Rating Methodologies).