Fitch Ratings affirms China Cinda Asset Management at "A" (LT Int. Scale (foreign curr.) credit rating); outlook stable

April 21, 2017 - CBonds

 

Fitch Ratings affirmed the "A" LT Int. Scale (foreign curr.) credit rating of China Cinda Asset Management on April 20, 2017. The outlook is stable.
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Issuer: China Cinda Asset Management
Issuer profile:
China Cinda Asset Management is keen to acquire non-performing assets of China's largest financial institutions and other businesses. The company is one of four financial asset management companies e... more
Outstanding issues:
8 issuesUSD8,200,000,000
Issuer rating:
Moody's Investors ServiceA3/StableLT- foreign currency11/02/2016
Moody's Investors ServiceA3/StableLT- local currency11/02/2016
S&P Global RatingsA-/StableForeign Currency LT06/29/2016
S&P Global RatingsA-/StableLocal Currency LT06/29/2016
Fitch RatingsA/StableLT Int. Scale (foreign curr.)04/20/2017
Fitch RatingsA/StableLT Int. Scale (local curr.)04/20/2017