Xinjiang Guanghui Ratings Withdrawn At The Company's Request - S&P Global Ratings’ Credit Research

Xinjiang Guanghui Ratings Withdrawn At The Company's Request

Xinjiang Guanghui Ratings Withdrawn At The Company's Request - S&P Global Ratings’ Credit Research
Xinjiang Guanghui Ratings Withdrawn At The Company's Request
Published Jan 10, 2021
2 pages (1100 words) — Published Jan 10, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

HONG KONG (S&P Global Ratings) Jan. 11, 2021--S&P Global Ratings said today that it has withdrawn its 'B-' long-term issuer credit rating on Xinjiang Guanghui Industry Investment (Group) Co. Ltd. (Guanghui) at the company's request. We also withdrew our 'CCC+' long-term issue rating on the China-based company's senior unsecured notes. The outlook on Guanghui was negative at the time of the withdrawal. General Criteria: Group Rating Methodology, July 1, 2019 Criteria Corporates General: Corporate Methodology: Ratios And Adjustments, April 1, 2019 Criteria Corporates General: Reflecting Subordination Risk In Corporate Issue Ratings, March 28, 2018 Criteria Corporates General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 General Criteria: Methodology: Industry Risk,

  
Brief Excerpt:

...January 10, 2021 HONG KONG (S&P Global Ratings) Jan. 11, 2021--S&P Global Ratings said today that it has withdrawn its 'B-' long-term issuer credit rating on Xinjiang Guanghui Industry Investment (Group) Co. Ltd. (Guanghui) at the company's request. We also withdrew our '###+' long-term issue rating on the China-based company's senior unsecured notes. The outlook on Guanghui was negative at the time of the withdrawal....

  
Report Type:

Ratings Action

Ticker
XJGHUZ@CH
Issuer
Xinjiang Guanghui Industry Investment (Group) Co. Ltd.
GICS
Integrated Oil & Gas (10102010)
Sector
Global Issuers, Structured Finance
Country
China
Region
Emerging Markets
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Xinjiang Guanghui Ratings Withdrawn At The Company's Request" Jan 10, 2021. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Xinjiang-Guanghui-Ratings-Withdrawn-At-The-Company-s-Request-2577560>
  
APA:
S&P Global Ratings’ Credit Research. (). Xinjiang Guanghui Ratings Withdrawn At The Company's Request Jan 10, 2021. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Xinjiang-Guanghui-Ratings-Withdrawn-At-The-Company-s-Request-2577560>
  
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