Country Garden Holdings Company Limited -- Moody's assigns Ba3 to Country Garden's senior unsecured bond (Simplified Chinese translation)
/nwsys/www/images/PBC_148772 ?? ??? – ????? ????? Moody's Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????? - ???? ????? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??????: Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????????? 1 ??????????????? Ba3 ?? (?????????????????,???????) ??, 2012 ? 1 ? 3 ?—????????????????????? ????????? Ba3 ?????????? ??,????????? Ba3 ??????? ???????? ???????????? 1.53 ????????????,????? ???????????????? ???? ???????????????:“???????????????, ????????????????????” ???:“???????????????????????,??? ????????” ???????????????? 600 ? 700 ????,? 2012 ??? ???????? 80 ??? ???:“??????????????????? Ba ?????? ??” ???????? 12-18 ?????? EBITDA/?????? 3.5 ?,?? ??? /?????? 54%,?????? Ba ??? ???? Ba3 ?????????????????????????? ???????????????? ????????? 2 ???? Ba3 ?????????????????????????? ??????????????????,????????????? ??????????????????????? ???? Ba3 ?????????????????????????? ?????????,?????????????????????? ?( 2007 ??2009 ?? 2010 ?)???(2008 ?? 2011 ?)????? ??????,?????????? ??,??? Ba3 ???????????????????????? ??????????? ????,????????????? 2012 ? 6 ? 30 ??????? ??? 136 ??,???????? 71 ???????? ???????,???????????????????,???? ??????????? 12-18 ????,?????????????? ??????????????????,??????????? Ba3 ?????? ?????,????????????: (1)??????????;(2) ???????????; (3)????? 25%? 30%??;??(4)? EBITDA/???????? 3.5 ???? 4 ?? ????,?????,?????????????: (1)?????? ?????????????????????; (2)?????;?(3)? ??????????,??????????????????? ????????????????? 2009 ? 3 ????«?????? ?????»( Global Homebuilding Industry)???????????? ?,??? www.moodys.com ?????? ?????????? 1997 ????????????,??????? ???????????????????,?? 2012 ? 6 ?????? ?? 5,480 ????? ????????? 29 ???,?? 2012 ? 6 ???? 8,882 ????? ??????????,???????? ????????? 3 ???? ???????????????????????????????, ???????????(??: One Canada Square, Canary Wharf, London E 14 5FA, UK)???????????? Regulation (EC) No 1060/2009 ? 3 ?? 4 ?????? ?????????????????????? ???????????,??? www.moodys.com? ??????????????????????,????????? ????????????????????(?????????,? ???????????)???????????????????? ???????,???????????????????????? ??,????????????????????????????? ????????,???????????????????????, ??????????????????????,????????, ???????????????????????????????? ???? www.moodys.com ???/?????????? ????????????????????,??????????? ???? ????????????????????:??????????? ???????????????????? ???????????????????????????????? ????????? ???????????,???????????????????? ????,?????????????,??(???)?????? ????????????,??????????????????? ????????????? ?????????????,??? www.moodys.com ??????? (A) ?? MCO ?????( 5% ??)???,?(B) ?? MCO ???? ????????????????????,?? (C) ?? MIS ???? ???????????????? MCO ?? 5% ??????????, ??? www.moodys.com ?????????????????????? ????????? 4 ????( Moody’s Corporation)?????????,??????? ????????? ???????????????????????????,??? www.moodys.com ?????????????????? ???????????????,??? www.moodys.com ????/? ?????????? ???????????????????????????????? ??????,???????????,????????????? ???????????????????????????????? ?? www.moodys.com ??????? ??????????????????????????????,? ?? www.moodys.com? Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 -?- ????????? 5 © 2013,?????????(Moody’s Investors Service, Inc.)?/??????????,?????“??” ( MOODY’S)?????,????? ????????? (“MIS”)???????????????????????????????????? ???????????,??????????????( “?????”)??????????????? ????????????????????????????????????????????????? ?????,?????????????????????????????????,??????:?? ????????????????????????????????????????????????? ???????????????????????,????????????????????????? ????????,???????????????????????????????????????? ????????????????,???????????????????????????????? ???????? ???????????? (?????????)??,??????????,????????????? ??????????????????????????????????????????????,?? ????????????????????????????????????????????????? ????????????????,?????? “???”???,?????????????????? ????,????????????????????????,?????????????,??(?? ?)??????????????????,???????????????????????????? ????????????,??( a)??????????????????????????????? ???????(???????)??????????(?????????????????????? ????????)???????????????????????,?( b)???????????? ??????????????(???????????),??????????,?????????? ??????????????????,?????????????????????????????? ??????????????????????(???)??????????????,??????? ????????????????????????????????????????????????? ????????????????????????????????????????????????? ?????????????????????????? ?? (????(MCO)?????????????)????,????????????(???????? ?????????????)?????????????????,????????????????? ?????????,?????? $1,500 ??? $2,500,000 ???????(MCO)???(MIS) ?????? ??,??? MIS ????????????MCO ??????????????? MIS ????????? ????????????? MCO ?? 5% ???????????????????,????????? ?????? www.moodys.com“???? — ???? — ?????????” ?????? ?????????????????????? Moody’s Investors Service Pty Limited ABN 61 003 399 657 ??, ???????????????,??? 336969????????? 2001 (Corporations Act 2001)? 761G ?? ?????????????????????????,?????????,???? ”????”,??? ?? ”????”????????,???????????????????? 2001 (Corporations Act 2001)? 761G ?????”????” ?????????? ???????, Moody’s Japan K.K.(“MJKK”)? 2010 ? 10 ? 1 ????????????? MJKK ????? ????????????????????????????????,??? “??”(MIS)?????“MJKK” ??? MJKK ? Moody's Group Japan G.K.??????????????,? Moody's Group Japan G.K.?????? (MCO)???????? Moody’s Overseas Holdings Inc.????? ??????????????????????????,?????????????????????? ???????????????????????????????,????????????,???? ????????????? ]]>


