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Prospect News home > News index > List of issuers P > Headlines for Poly Real Estate Finance Ltd. > News item
Published on 8/2/2013 in the Prospect News Emerging Markets Daily.

Fitch: Poly Real Estate notes BBB+

Fitch Ratings said it has assigned Poly Real Estate Finance Ltd.'s $500 million of 4.5% guaranteed notes a final BBB+ rating.

The notes are unconditionally and irrevocably guaranteed by Hengli (Hong Kong) Real Estate Ltd., a wholly owned subsidiary of Poly Real Estate Group Co. Ltd. (BBB+/stable).

Fitch said that Poly's ratings benefit from a one-notch uplift reflecting strong operational and strategic linkage with its parent China Poly.


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