CCXAP assigns Ag- to Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd.’s proposed USD bonds | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.3.10

CCXAP assigns Ag- to Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd.’s proposed USD bonds

Hong Kong, 10 March 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of A_g- to the proposed USD bonds to be issued by Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd. (“YETD” 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).