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 (10ÍòÏó³ÇÌåÓýG1) |
RMB 1 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
10 China Railway G2 (10ÍòÏó³ÇÌåÓýG2) |
RMB 5 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
10 China Railway G3 (10ÍòÏó³ÇÌåÓýG3) |
RMB 2.5 bln | China LianHe Credit Rating Co., Ltd. | AAA | 2011-4-28 |
10 China Railway G4 (10ÍòÏó³ÇÌåÓýG4) |
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.