惠譽確認希慎(00014.HK)信貸評級為「A-」 展望負面
評級機構惠譽確認希慎興業(00014.HK)長期外幣發行人違約評級(IDR)為「A-」評級,展望由「穩定」調整至「負面」。
惠譽認為,予希慎負面展望反映公司利息覆蓋率較弱,主要由於高息環境下投資增加所致。公司的投資物業EBITDA利息覆蓋率於去年上半年下跌2.6倍,惠譽預測至2024年將逐步恢復至3.1倍。另認為公司的流動性狀況穩健,有資源與能力通過資產變現來減少債務及提高利息覆蓋率。不過,公司執行計劃方面存在不確定性。如中短期內公司未能改善其投資物業EBITDA利息覆蓋率至近3.5倍水平,不排除將採取進一步負面評級行動。
此外,惠譽對希慎長期外幣發行人違約評級「A-」評級,儘管受疫情負面影響,公司投資物業組合表現仍有所反彈,估計內地與香港於本月通關後,支持租金回升。
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