Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sunac China Holdings Ltd. > News item |
Moody’s rates Sunac China notes B1
Moody’s Investors Service said it assigned a B1 rating to the proposed senior unsecured dollar notes to be issued by Sunac China Holdings Ltd. (Ba3 stable).
The outlook is stable.
The company plans to use the proceeds from the issuance mainly to refinance existing debt.
“The proposed issuance will not have a material impact on Sunac's credit metrics, because the proceeds will mainly be used to refinance existing debt,” Danny Chan, Moody's assistant vice president and analyst, said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.