CCXAP assigns BBBg+ to Guangxi Liuzhou Dongcheng Investment Development Group Co., Ltd.’s proposed USD bonds | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2022.9.19

CCXAP assigns BBBg+ to Guangxi Liuzhou Dongcheng Investment Development Group Co., Ltd.’s proposed USD bonds

Hong Kong, 19 September 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of BBB_g+ to the USD bonds to be issued by Guangxi Liuzhou Dongcheng Investment Development Group Co., Ltd. (“GLD” or the “Company”) (BBB_g+/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. Methodology used in this rating is the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022, available at www.ccxap.com (Rating Methodologies).