2024.11.14
CCXAP assigns BBBg+ to Zhejiang Changxing Financial Holdings Group Co. Ltd.’s proposed USD bonds
Hong Kong, 14 November 2024 – 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 Zhejiang Changxing Financial Holdings Group Co., Ltd. (“ZCFH” or the “Company”) (BBBg+/stable).
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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).