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惠譽再度將恆大(03333.HK)信貸評級連降三級至「CC」
評級機構惠譽表示,將中國恆大(03333.HK)及其子公司恆大地產集團、天基控股的長期外幣發行人違約評級由「CCC+」連降三級至「CC」,以反映其流動性緊張和違約風險較高。 同時惠譽將恆大與天基控股的高級無抵押評級,以及由Scenery Journey Limited發行、並由天基控股提供擔保的高級無抵押票據的評級,由自「CCC」下調至最低級別的「C」,回收率評級均為「RR6」。 報告指,恆大在中期業績中承認,如果未能緩解目前面臨的流動性問題,債務可能出現違約。 惠譽認為,恆大中期淨負債對調整後庫存槓桿比率已由2020年的35%降至27%,但並未緩解公司流動性緊張狀況,加上合約銷售表現疲弱,中期毛利率大幅收窄至13%,部分項目建設工程暫停,恆大物業(06666.HK)及恆大汽車(00708.HK)等資產出售進展有限,因此相應下調評級。 恆大今早(8日)低開近2%報3.5元,現報3.53元,跌1.1%,成交3,566萬股,涉1.25億元。
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