Fitch Ratings revised outlook on Binhai Investment to negative and affirmed at "BBB-" (LT Int. Scale (foreign curr.)) credit rating

April 21, 2017 - CBonds

 

Fitch Ratings affirmed the "BBB-" LT Int. Scale (foreign curr.) credit rating of Binhai Investment on April 20, 2017. At the same time the rating agency revised outlook to negative from stable.
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Issuer: Binhai Investment
Issuer profile:
Binhai Investment Company Limited (stock code: 8035), an investment holding company listed on Hong Kong Stock Exchange, is principally engaged in investments in the construction and operation of gas ... more
Outstanding issues:
1 issuesUSD200,000,000
Issuer rating:
Moody's Investors ServiceBa1/NegativeLT- foreign currency04/14/2016
Fitch RatingsBBB-/NegativeLT Int. Scale (foreign curr.)04/20/2017
Fitch RatingsBBB-/NegativeLT Int. Scale (local curr.)04/20/2017