Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Country Garden Holdings Co. Ltd. > News item |
Moody’s rates Country Garden notes Ba1
Moody's Investors Service said it assigned a Ba1 rating to Country Garden Holdings Co. Ltd.’s proposed dollar-denominated senior unsecured notes.
The outlook on the Ba1 corporate family rating remains stable.
The company plans to use the bond proceeds to refinance existing debt and for general working capital purposes.
"Country Garden's Ba1 ratings reflect its large scale and good geographic coverage, as well as its established track record in suburban property development in China," Moody's vice president and senior credit officer Franco Leung said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.