惠誉因顺丰收购嘉里物流(00636.HK)将其列入负面评级观察名单
惠誉评级指,由於顺丰拟收购嘉里物流(00636.HK)股权,将其「A-」的长期发行人违约评级和高级无抵押评级列入负面评级观察名单。顺丰子公司SF Holding Investment Limited发行的未偿债券评级为「A-」亦被列入负面评级观察名单。
顺丰於2021年2月9日宣布,计划以176亿港元的现金方式收购嘉里物流51.5%股权。惠誉将在顺丰的财务状况明朗後,於交易完成之时或之前解除其评级观察负面状态。顺丰亦宣布拟操作非公开发行A股股票,预期募资总额为220亿元人民币,料公司强大的运营现金流(FFO)生成能力,应足以抵销收购对杠杆率产生的潜在影响。但若交易在没有A股定增下完成,惠誉或将因杠杆率上升而考虑对其采取负面评级行动。
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