trending Market Intelligence /marketintelligence/en/news-insights/trending/MHluhQ5j92pB-O91yPdPkA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

S&P withdraws Wuhan Real Estate's ratings

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


S&P withdraws Wuhan Real Estate's ratings

S&P Global Ratings withdrew its BBB- ratings on Wuhan Real Estate Development & Investment Group Co.Ltd. and its outstanding senior unsecured notes at the company's request.

The ratings reflected S&P's belief that the company's credit profile will still be heavily driven by that of the Wuhan municipal government.

Furthermore, the negative outlook at the time of the withdrawal pertained to S&P's expectation that the Wuhan government's debt will continue to be high in the next two years.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.