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《新股》惠譽:富衛(01828.HK)上市對信用評級正面
評級機構惠譽表示,富衛(01828.HK)今日正式於聯交所主板上市,有望降低其財務槓桿率,提升財務靈活性,並實現更平衡的資本結構。惠譽對富衛長期發行人違約評級為「BBB+」,展望穩定。 惠譽預計,若上市所得款項部分或全部用於贖回現有債務工具,集團的合併財務槓桿率(2024年底為25%)將下降。減少債務亦將降低利息支出,從而提高純利表現。 惠譽指出,富衛過去主要依靠債務融資支持擴張,尤其在東南亞,預計隨著股權融資選項的引入,集團的資本組合質量將得到改善,減少對債務融資的依賴。 惠譽將繼續監察富衛IPO收益的部署情況以及任何可能影響集團信用狀況的資本結構或財務政策變化。
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