News & Events
Hong Kong, 31 October 2024 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has a senior unsecured debt rating of Ag+ to the proposed CNY bonds to be issued by Xihui Haiwai I Investment Holdings Co., Limited, which is a subsidiary indirectly and wholly owned by Wuxi Construction and Development Investment Co., Ltd. (“WXCD” or the “Company”) (Ag+/stable), and to be unconditionally and irrevocably guaranteed by WXCD.
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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).