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Prospect News home > News index > List of issuers L > Headlines for Logan Property Holdings Co. Ltd. > News item
Published on 5/23/2017 in the Prospect News Emerging Markets Daily.

Fitch rates Logan notes BB-

Fitch Ratings said it assigned a final BB- rating to the $450 million of 5¼% senior notes due 2023 of Logan Property Holdings Co. Ltd. (BB-/stable).

The agency said Logan's ratings are supported by its well-located land bank in Shenzhen city and the Guangdong region. This provides the company with stronger contracted sales and margin visibility over the next 24 months compared with rated peers of similar size, according to Fitch.


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