7-news

News & Events

2025.1.7
CCXAP assigns Ag to Yiwu State-owned Capital Operation Co., Ltd.’s proposed USD bonds

Hong Kong, 7 January 2025 – 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 Chouzhou International Investment Limited, an indirect wholly-owned subsidiary of Yiwu State-owned Capital Operation Co., Ltd. (“YSCO” or the “Company”, Ag/stable). The bonds will be unconditionally and irrevocably guaranteed by YSCO.

 

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).