Fitch Ratings downgrades LT Int. Scale (foreign curr.) credit rating of Sunac China Holdings to "BB-"

July 13, 2017 - CBonds

 

Fitch Ratings downgraded from "BB" to "BB-" the LT Int. Scale (foreign curr.) credit rating of Sunac China Holdings on July 12, 2017.
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Issuer: Sunac China Holdings
Issuer profile:
Sunac China is one of the leading developers in People`s Rebublic of China. The company was founded in 2003 by Sun Hongbin. It has operations in Tianjin, Beijing, Chongqing, Wuxi and other cities. Su... more
Outstanding issues:
1 issuesUSD400,000,000
Issuer rating:
Moody's Investors ServiceB2/NegativeLT- foreign currency01/18/2017
S&P Global RatingsB+/Foreign Currency LT07/11/2017
S&P Global RatingsB+/Local Currency LT07/11/2017
Fitch RatingsBB-/LT Int. Scale (foreign curr.)07/12/2017
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