...- Clifford Capital Holdings Pte. Ltd. (CCH) is an infrastructure credit platform based in Singapore. The company originates, distributes, and invests in infrastructure debt globally. The government is its largest shareholder, via Temasek Holdings (Pte.) Ltd. Other shareholders include large financial institutions such as DBS Group Holdings Ltd. and Standard Chartered PLC. - CCH's government linkages and policy mandates in the infrastructure and finance sectors underpin the ratings. Operating subsidiaries, Clifford Capital Pte. Ltd. (CCPL) and Bayfront Infrastructure Management Pte. Ltd. (BIM), are the only Singapore government-related entities (GREs) to enjoy unconditional and irrevocable sovereign guarantees on their debt obligations, with backing from the country's reserves. - We assigned our '##+' long-term and 'A-1+' short-term issuer credit ratings to CCH. - The stable outlook on the long-term rating reflects our view that the company will benefit from its integral links with, and...
