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惠譽降光正教育(06068.HK)信貸評級至「B-」 置入負面觀察名單
阿思達克 12-24 12:01
評級機構惠譽發表報告,考慮光正教育(06068.HK)因應《民促法》實施將K-12學校剔出截至今年8月底止財年業績,下調其長期發行人違約評級由「BB-」連降三級至「B-」,置入負面觀察名單。 《民促法》於9月1日生效,禁止社會機構及個人與提供義務教育學校進行關連交易,或透過合約協議控制該等學校。降級主因光正教育規模大幅收縮,餘下課外教育服務業務呈高度碎片化及波動性。置入負面觀察名單反映其業務或進一步轉弱,取決於餘下業務的策略。不過,評級反映債務有限及餘下併合業務現金結餘情況,反映短期合理財務流動性。
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