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穆迪維持新城發展(01030.HK)「B1」公司家族評級 展望降至負面
阿思達克 09-20 12:14
評級機構穆迪宣布將新城發展(01030.HK)及旗下新城環球有限公司(New Metro Global Limited)的評級展望,從穩定下調至負面。 同時穆迪亦將New Metro Global Limited發行、新城發展子公司新城控股擔保的債券的優先無抵押債務評級,從「B1」下調至「B2」,並維持新城發展「B1」公司家族評級,以及由New Metro Global Limited發行、新市發展擔保債券的「B2」優先無抵押債務評級。 穆迪副總裁兼高級分析師陳晨表示,負面展望反映出,穆迪預期新城發展合約銷售疲軟,以及在未來12至18個月內營運能力改善方面存在不確定性,料將削弱其信用指標和流動性緩衝,預測今年全年新城發展合約銷售額將按年下跌30%至35%,明年料進一步下跌5%至10%。 但穆迪認為,該公司在未來12至18個月內將維持穩定租金收入及充足流動性資金,今明兩年租金收入預期將增長5%至10%,達到55億至60億元人民幣,可覆蓋期內利息支出,有助部分緩解房地產開發業務趨弱的影響,因此維持其公司家族評級不變。
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