CCXAP assigns Ag- to Fuqing State-owned Assets Operation Investment Group Co., Ltd.’s proposed CNY bonds | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2024.10.28

CCXAP assigns Ag- to Fuqing State-owned Assets Operation Investment Group Co., Ltd.’s proposed CNY bonds

Hong Kong, 28 October 2024 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of A_g- to the proposed CNY bonds to be issued by Fuqing State-owned Assets Operation Investment Group Co., Ltd. (“FSAO” or the “Company”) (A_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).