trending Market Intelligence /marketintelligence/en/news-insights/trending/1igkwuymrdfatvxo9ktwtg2 content esgSubNav
In This List

S&P withdraws Golden Wheel Tiandi Holdings rating

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook


S&P withdraws Golden Wheel Tiandi Holdings rating

S&P Global Ratings withdrew its rating on Chinese property developer Golden Wheel Tiandi Holdings Co. Ltd. at the company's request.

The developer held a long-term issuer credit rating of B with a stable outlook.

The rating reflected S&P's view of the company's high project and geographic concentration from property development and metro mall projects in China's Jiangsu province.

The stable outlook reflected the rating agency's expectation that the company would maintain financial discipline and demonstrate a conservative appetite for growth over the next two years.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.