Report
EUR 166.88 For Business Accounts Only

Moody's: Sunac's weakened 2016 credit metrics within expectations; ratings unaffected

Announcement: Moody's: Sunac's weakened 2016 credit metrics within expectations; ratings unaffected. Global Credit Research- 29 Mar 2017. Hong Kong, March 29, 2017-- Moody's Investors Service says that Sunac China Holdings Limited's weakened credit metrics for 2016 year-over-year were largely in line with Moody's expectations and will not immediately impact the company's B2 corporate family rating, B3 senior unsecured rating or the negative outlook on the ratings.
Underlying
Sunac China Holdings Ltd.

Sunac China Holdings is an investment holding company. Through its subsidiaries, Co. is principally engaged in property development, property investment and property management services in the People's Republic of China. As of Dec 31 2012, Co. had project developments in the five main regions of Beijing, Tianjin, Chongqing, Shanghai and Hangzhou, which were in different phases and covered a range of property types, such as high-rise and mid-rise residences, detached villas, townhouses, retail properties, offices and car parks.

Provider
Moody's Investors Service
Moody's Investors Service

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. 

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