News & Events

Hong Kong, 13 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 Central Plaza Development Ltd. (the “Issuer”), and unconditionally and irrevocably guaranteed by BCG Chinastar International Investment Limited (“Chinastar”). The proposed bonds will be provided with a keepwell deed by Beijing Capital Group Co., Ltd. (“BCG” or the “Company”, A_g+/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 Investment Holding Companies dated December 2016, available at www.ccxap.com (Rating Methodologies).