惠譽下調弘陽集團及弘陽地產(01996.HK)評級至「CC」
評級機構惠譽表示,將弘陽集團及其子公司弘陽地產(01996.HK)的長期發行人違約評級與高級無抵押評級從「B-」下調至「CC」,所有評級均已從評級負面觀察名單中移出,回收率評級維持「RR4」。
惠譽指,此次評級下調是基於有市場報道稱,弘陽地產未能償付7月13日到期的一筆債券利息,令再融資風險有所上升。由於弘陽地產未向惠譽提供補充信息,因此惠譽無法覈實未兌付利息的情況。
惠譽認爲,弘陽地產債券利息償付存在不確定性,再融資風險加劇,短期內公司或無法藉助資本市場融資,將不得不依賴自有現金及內部現金流來兌付將於2022年下半年和2023年上半年到期的債務。
同時,惠譽預測弘陽地產今年全年合同銷售額可能按年下降30%以上,疲軟的銷售勢頭將繼續拖累現金流生成和流動性緩衝能力。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.