2024.11.26
CCXAP assigns Ag- to Quzhou Qutong Transportation Investment Development Co., Ltd.’s proposed USD bonds
Hong Kong, 26 November 2024 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of Ag- to the proposed USD bonds to be issued by Quzhou Qutong Transportation Investment Development Co., Ltd. (“QQDG” or the “Company”) (Ag-/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. 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).