CCXAP assigns BBBg to Zoucheng Urban Assets Holding Group Co., Ltd.’s existing CNY bonds | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2023.12.22

CCXAP assigns BBBg to Zoucheng Urban Assets Holding Group Co., Ltd.’s existing CNY bonds

Hong Kong, 22 December 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of BBB_g to the existing CNY440 million bonds issued by Zoucheng Urban Assets Holding Group Co., Ltd. (“ZCUA” 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).