The acquisition will increase CMPH's total adjusted debt by 8%-9% over the next one to two years and raise its risk exposure to non-investment grade countries.
Our credit view of this issuer reflects its well-diversified, strategically located port portfolio, offset by Limited control over cash flows of minority-owned port investments.
Our credit view of SIPG reflects its solid market position as the dominant operator of the world's largest container port, against its sizable capital spending.
Our credit view of HPHT reflects its sponsorship from CKHH, which supports its liquidity, strong market position and stable credit metrics, offset by potential challenges in volumes.
Our credit view of this issuer reflects its extraordinary support from its parent CMG and the Chinese government, offset by Limited control over cash flow of certain equity investments.
Our credit view of this issuer reflects its solid market position as the dominant operator of the world's largest container port, against its sizable capital spending.
The transaction, if completed, will slightly increase CMPH's debt but unlikely to affect the company's metrics; It will mark CMPH's first investment in Southeast Asia
Our credit view of CMPH reflects its extraordinary support from its parent, CMG, offset by its limited control over the cash flow of certain equity investments.
Our credit view of this issuer reflects its sponsorship from CKHH, which supports its liquidity, strong market position and stable credit metrics, offset by its volume performance.
Our credit view of SIPG reflects its solid market position as the dominant operator of the world's largest container port, against its sizable capital spending and investments.
Our credit view of Hutchison Port Holdings Trust reflects its sponsorship from CKHH, which supports its liquidity, against the effects of the pandemic and global trade tensions.
Our credit view of SIPG reflects its solid market position as the dominant operator of the world's largest container port, balanced against investments that strain its credit quality.
Our credit view of HPHT, reflecting its sponsorship from CKHH, which supports its liquidity, against its regulatory regime and overcapacity in the container shipping industry.
Our credit view of CMPH, reflecting the extraordinary support from its parent, balanced against limited control over cash flow of certain equity investments and its disposals timing.
Our credit view of SIPG, reflecting its solid market position as the dominant operator of the world's largest container port, against its investments that strain its credit profile.