Shanghai Shimao Co.Ltd(600823) on December 29, the announcement on the adjustment of credit rating outlook was issued. The joint credit determined to maintain the long-term credit rating of the company’s main body as AAA, maintain the credit rating of “19 Shimao G1”, “19 Shimao G2” and “19 Shimao G3” as AAA, and the rating outlook was adjusted to negative. The adjustment of the company’s credit rating outlook by the joint credit will not affect the maturity time of the company’s open market bonds during the duration. The amount of the company’s open market bonds due in the first quarter of 2022 is about RMB 3.35 billion. All open market bonds of the company are normally cashed on schedule.
(interface News)