China Railway Group Limited’s creditworthiness has been assessed by China LianHe Credit Rating Co., Ltd. and Beijing Yinjian Credit Information Service. The Group strives to maintain a stable financial position so as to provide the investors with a stable stream of return on investment.
China Railway Group Limited is currently rated as follows:
Rating agency | Credit Rating | Last Update |
China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
Beijing Yinjian Credit Information Service | AAA | 2011-7-15 |
The bonds issued by China Railway Group are currently rated as follows:
Bonds | Bond Scale | Rating agency | Credit Rating | Last Update |
10 China Railway G1 (10中铁G1) |
RMB 1 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
10 China Railway G2 (10中铁G2) |
RMB 5 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
10 China Railway G3 (10中铁G3) |
RMB 2.5 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
10 China Railway G4 (10中铁G4) |
RMB 3.5 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
Rating agencies assess the creditworthiness of issuers and assign them with a credit rating. The rating agencies communicate regularly with the companies they rate to obtain information on their strategy and business planning. This information, together with the agencies’ own quantitative analyses, forms the basis for their credit ratings. The ratings help lenders assess the risk inherent in financial instruments.