News & Events
Hong Kong, 15 October 2024 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating (guaranteed) of Ag+ to the proposed guaranteed USD bonds to be issued by Jiangyou Chuangyuan Development and Construction Investment Co., Ltd.’s (BBBg-/stable). The bonds will be unconditionally and irrevocably guaranteed by Tianfu Bond Insurance Co., Ltd. (“TFBI”).
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. Methodologies used in this rating are the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022 and the Rating Methodology for Financial Guarantors dated January 2022, available at www.ccxap.com (Rating Methodologies).