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Prospect News home > News index > List of issuers W > Headlines for Wuxi Apptec Co., Ltd. > News item
Published on 11/6/2019 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

S&P rates WuXi AppTec BBB-

S&P said it assigned a BBB- rating to WuXi AppTec Co. Ltd.

“WuXi AppTec Co. Ltd. is the leading contract research organization (CRO) in China and among the world’s top-10 CROs for pharma firms. The company benefits from cost advantages and should enjoy a high growth rate over next several years while maintaining modest leverage,” said S&P in a press release.

The outlook is stable.


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