Hero Asia Investment Ltd. Assigned 'BBB' Rating With Stable Outlook; Proposed Senior Unsecured Notes Rated 'BBB-' - S&P Global Ratings’ Credit Research

Hero Asia Investment Ltd. Assigned 'BBB' Rating With Stable Outlook; Proposed Senior Unsecured Notes Rated 'BBB-'

Hero Asia Investment Ltd. Assigned 'BBB' Rating With Stable Outlook; Proposed Senior Unsecured Notes Rated 'BBB-' - S&P Global Ratings’ Credit Research
Hero Asia Investment Ltd. Assigned 'BBB' Rating With Stable Outlook; Proposed Senior Unsecured Notes Rated 'BBB-'
Published Jun 06, 2013
Published Jun 06, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We view Hero Asia as a "highly strategically important" subsidiary of China Longyuan Power Group Corp. Ltd. We are assigning our 'BBB' long-term corporate credit rating and 'cnA' long-term Greater China regional scale rating to Hero Asia, which is Longyuan's sole offshore investment and financing platform. We are also assigning our 'BBB-' issue rating and our 'cnA-' Greater China regional scale rating to Hero Asia's proposed senior unsecured notes. The stable rating outlook on Hero Asia reflects the outlook on the parent company, Longyuan. HONG KONG (Standard&Poor's) June 6, 2013--Standard&Poor's Ratings Services today assigned its 'BBB' long-term corporate credit rating to Hero Asia Investment Ltd. The outlook is stable. At the same time, we assigned our

  
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Ratings Action

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Global Issuers
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Emerging Markets
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Hero Asia Investment Ltd. Assigned 'BBB' Rating With Stable Outlook; Proposed Senior Unsecured Notes Rated 'BBB-'" Jun 06, 2013. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hero-Asia-Investment-Ltd-Assigned-BBB-Rating-With-Stable-Outlook-Proposed-Senior-Unsecured-Notes-Rated-BBB-1141617>
  
APA:
S&P Global Ratings’ Credit Research. (). Hero Asia Investment Ltd. Assigned 'BBB' Rating With Stable Outlook; Proposed Senior Unsecured Notes Rated 'BBB-' Jun 06, 2013. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hero-Asia-Investment-Ltd-Assigned-BBB-Rating-With-Stable-Outlook-Proposed-Senior-Unsecured-Notes-Rated-BBB-1141617>
  
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