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United Kingdom

China Logistics Property Holdings Co Ltd (1589.HK)

1589.HK on Hong Kong Stock

2.38HKD
23 Feb 2018
Change (% chg)

HK$-0.01 (-0.42%)
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Open
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Volume
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Mon, Dec 18 2017

Fitch: CNLP's Bond Rating Unaffected by Tap Issuance

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, December 17 (Fitch) Fitch Ratings says China-based warehouse owner China Logistics Property Holdings Co., Ltd's (CNLP; B/Stable) issuance of an additional USD100 million of its existing USD200 million 8% senior notes due 2020 will not affect the existing 'B' rating on the bonds. The tap issuance and existing bonds are rated at the same level as CNLP's senior unsecured rating as they represent direct, unconditional, u

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