News & Events
2023.9.28
CCXAP assigns BBBg+ to Shangrao City Construction Investment Development Group Company Limited’s proposed USD bonds
Hong Kong, 28 September 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of BBBg+ to the proposed USD bonds to be issued by Shangrao City Construction Investment Development Group Company Limited (“SCID” or the “Company”) (BBBg+/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).