China SCE Group Holdings Limited: Covenant Quality Post-Sale Snapshot: US$500m 7.25% Senior Notes due 2023
China SCE Group Holdings Limited’s covenant package provides lower-tier weak protection, reflecting a Covenant Quality Score of 4.06.China SCE Property Holdings is an investment holding company. Through its subsidiaries, Co. is principally engaged in property development, property investment and property management in the People's Republic of China (the PRC). As of Dec 31 2012, Co. owned a land bank with an aggregate planned gross floor area of approximately 8,710,000 sq. m., distributed over Quanzhou (including Shishi, Jinjiang and Nan'an), Xiamen, Zhangzhou, Longyan, Shenzhen, Beijing, Langfang, Tangshan, Anshan and Linfen, the PRC.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.