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Moody's withdraws Powerlong's rating for business reasons

Moody's Investors Service has withdrawn the Caa2 corporate family rating and Caa3 senior unsecured ratings of Powerlong Real Estate Holdings Limited. Prior to the withdrawal, the outlook on Powerlong was negative. RATINGS RATIONALE Moody's has decided to withdraw the ratings for its own busine...

Moody's downgrades Powerlong to Caa1/Caa2; outlook remains negative

Moody's Investors Service has downgraded Powerlong Real Estate Holdings Limited's corporate family rating to Caa1 from B3 and senior unsecured rating to Caa2 from Caa1. The outlook remains negative. "The rating downgrades reflect Powerlong's heightened liquidity risks in view of its weakened ope...

Powerlong Real Estate Holdings Limited: Update to credit analysis

Our credit view of Powerlong reflects its business track record, low-cost land bank, offset by its geographic concentration and weak liquidity.

Moody's downgrades Powerlong's ratings to B3/Caa1; changes outlook to ...

Moody's Investors Service has downgraded Powerlong Real Estate Holdings Limited's corporate family rating to B3 from B2 and senior unsecured rating to Caa1 from B3. At the same time, Moody's has changed the outlook to negative from rating under review. These rating actions conclude Moody's revie...

Moody's downgrades Powerlong to B2/B3; ratings on review for further d...

Rating Action: Moody's downgrades Powerlong to B2/B3; ratings on review for further downgrade. Global Credit Research- 25 Mar 2022. Hong Kong, March 25, 2022-- Moody's Investors Service has downgraded Powerlong Real Estate Holdings Limited's corporate family rating to B2 from B1 and senior unsecured rating to B3 from B2.

Moody's affirms Powerlong's B1/B2 ratings; changes outlook to stable f...

Rating Action: Moody's affirms Powerlong's B1/B2 ratings; changes outlook to stable from positive. Global Credit Research- 19 Oct 2021. Hong Kong, October 19, 2021-- Moody's Investors Service has affirmed the B1 corporate family rating of Powerlong Real Estate Holdings Limited.

Moody's announces completion of a periodic review of ratings of Powerl...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Powerlong Real Estate Holdings Limited. Global Credit Research- 02 Sep 2021. Hong Kong, September 02, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Powerlong Real Estate Holdings Limited and other ratings that are associated with the same analytical unit.

Powerlong Real Estate Holdings Limited: Covenant Quality Post-Sale Sna...

Powerlong Real Estate Holdings Limited’s covenant package provides upper-tier weak protection, reflecting a Covenant Quality Score of 3.58.

Powerlong Real Estate Holdings Limited: Update to credit analysis

Our credit view of Powerlong Real Estate Holdings Limited, reflecting its low-cost land bank, growing nondevelopment income and improving leverage.

Moody's assigns B2 to Powerlong Real Estate's proposed USD notes

Rating Action: Moody's assigns B2 to Powerlong Real Estate's proposed USD notes. Global Credit Research- 06 May 2021. Hong Kong, May 06, 2021-- Moody's Investors Service has assigned a B2 senior unsecured rating to Powerlong Real Estate Holdings Limited's proposed senior unsecured USD notes.

Moody's announces completion of a periodic review of ratings of Powerl...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Powerlong Real Estate Holdings Limited. Global Credit Research- 13 Nov 2020. Hong Kong, November 13, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Powerlong Real Estate Holdings Limited and other ratings that are associated with the same analytical unit.

Powerlong Real Estate Holdings Limited: Covenant Quality Post-Sale Sna...

Powerlong Real Estate Holdings Limited’s covenant package provides weak protection, reflecting a Covenant Quality Score of 3.62.

Moody's assigns B2 to Powerlong Real Estate's proposed USD notes

Rating Action: Moody's assigns B2 to Powerlong Real Estate's proposed USD notes. Global Credit Research- 22 Oct 2020. Hong Kong, October 22, 2020-- Moody's Investors Service has assigned a B2 rating to Powerlong Real Estate Holdings Limited's proposed senior unsecured USD notes.

Moody's revises Powerlong's outlook to positive (Chinese)

黎锦雄 副总裁 - 高级分析师 企业融资部 Moody's Investors Service Hong Kong Ltd. 中国香港特别行政区 金钟道 88 号 太古广场一期 24 楼 联系电话 (记者) : 852 3758 1350 联系电话 (客户) : 852 3551 3077 梁镇邦 副董事总经理 企业融资部 Moody's Investors Service Hong Kong Ltd. 中国香港特别行政区 金钟道 88 号 太古广场一期 24 楼 联系电话 (记者) : 852 3758 1350 联系电话 (客户) : 852 3551 3077 新闻稿发布处:  Moody’s Investors Service Hong  Kong Ltd. 中国

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