/raid1/www/Hosts/bankrupt/TCRAP_Public/220201.mbx
T R O U B L E D C O M P A N Y R E P O R T E R
A S I A P A C I F I C
Tuesday, February 1, 2022, Vol. 25, No. 17
Headlines
A U S T R A L I A
ACUITAS INVESTIRE: Second Creditors' Meeting Set for Feb. 8
ELECTRICAL LABOUR: First Creditors' Meeting Set for Feb. 9
LIBERTY FUNDING 2022-1: Moody's Gives (P)B1 Rating to Cl. F Notes
RIGHT FAST: Second Creditors' Meeting Set for Feb. 8
RIGHT PLAN: Second Creditors' Meeting Set for Feb. 8
C H I N A
CHINA EVERGRANDE: Receivers Appointed for HK Rural Plot
MEINIAN ONEHEALTH: Fitch Affirms 'B+' LT IDR, Outlook Stable
REDSUN PROPERTIES: Moody's Affirms B2 CFR, Alters Outlook to Neg.
SHIMAO GROUP: Shares Rise After Shanghai Hotel Sale
ZHONGLIANG HOLDINGS: S&P Cuts ICR to 'B', Outlook Negative
I N D I A
ADHIKARI BROTHERS: Liquidation Process Case Summary
AGRS PROJECTS LLP: Insolvency Resolution Process Case Summary
ALTECH INFRASTRUCTURE: Insolvency Resolution Process Case Summary
AMBE PROPTECH: CRISIL Keeps B+ Debt Ratings in Not Cooperating
BDR EDUCATIONAL: Ind-Ra Keeps 'C' Loan Rating in Non-Cooperating
BHAGWATI SAMARTH: CRISIL Keeps B+ Debt Ratings in Not Cooperating
BRIGHT STAR: CRISIL Lowers Rating on INR10cr Cash Loan to B
CORIAL CERAMIC: CRISIL Lowers Rating on INR8cr Loans to B
DEEP POULTRY: CRISIL Keeps B- Debt Ratings in Not Cooperating
DIVYA PACKMAF: CRISIL Keeps B Debt Rating in Not Cooperating
FURNACE FABRICA: Ind-Ra Lowers Long-Term Issuer Rating to 'BB-'
FUTURE GROUP: SC to Hear Petition Against Lenders on NPA Tag
KEDIA TEXFAB: Ind-Ra Assigns BB+ LT Issuer Rating, Outlook Stable
LAKSHMI MOUNICA: CRISIL Keeps B Debt Ratings in Not Cooperating
LATHA EDUCATIONAL: CRISIL Keeps B Debt Rating in Not Cooperating
LB INDUSTRIES PRIVATE: Liquidation Process Case Summary
LIVERPOOL SCHOOL: Voluntary Liquidation Process Case Summary
MEHTA STAR: CRISIL Keeps B Debt Ratings in Not Cooperating
MITTAL RICE: CRISIL Keeps B Debt Ratings in Not Cooperating
NAYAK INFRASTRUCTURE: CRISIL Keeps D Ratings in Not Cooperating
NETIZEN ENGINEERING: Insolvency Resolution Process Case Summary
NITHIN NUTRITIONS: Liquidation Process Case Summary
NITHIN PROTEINS: Liquidation Process Case Summary
OM MILK: CRISIL Keeps B Debt Rating in Not Cooperating Category
OM RICE: CRISIL Keeps B+ Debt Ratings in Not Cooperating Category
PANACEA MEDICAL: Ind-Ra Assigns BB+ Issuer Rating, Outlook Stable
PRESTOGEM VEHICLES: CRISIL Keeps B Debt Rating in Not Cooperating
PROPER PRODUCTS: CRISIL Keeps B+ Debt Ratings in Not Cooperating
RAMANASREE CONSUMER: Liquidation Process Case Summary
RAMANJANEYA RAW: CRISIL Keeps B Debt Ratings in Not Cooperating
RAMPRASAD SKYSCRAPERS: CRISIL Keeps B+ Rating in Not Cooperating
SARDAR SOLVEX: CRISIL Keeps B+ Debt Rating in Not Cooperating
SATPURA FOODS: CRISIL Keeps B+ Debt Rating in Not Cooperating
SEETA SHREE: CRISIL Keeps B+ Debt Rating in Not Cooperating
SEETHARAMA COTTON: CRISIL Keeps B+ Debt Rating in Not Cooperating
SHIV MFG PIPES: Liquidation Process Case Summary
SHIVASHAKTI SUGARS: Ind-Ra Affirms BB+ Long-Term Issuer Rating
SKILWORTH TECHNOLOGIES: CRISIL Cuts Rating on INR10cr Loan to B
SMART CARD: Insolvency Resolution Process Case Summary
STEEL AND METAL: Ind-Ra Affirms BB+ Issuer Rating, Outlook Stable
SUPREME ENTERTAINMENTS: CRISIL Cuts Rating on INR6.5cr Loan to B
SWOSTI PREMIUM: Ind-Ra Assigns BB- Loan Rating, Outlook Stable
TECHNO UNIQUE: Insolvency Resolution Process Case Summary
VARALAKSHMI MOTORS: CRISIL Keeps B+ Ratings in Not Cooperating
VIKAS COTEX: CRISIL Keeps B+ Debt Ratings in Not Cooperating
VITSON STEEL: CRISIL Keeps B Debt Ratings in Not Cooperating
J A P A N
MARUI GROUP: Egan-Jones Keeps BB Senior Unsecured Ratings
M A L A Y S I A
AIRASIA GROUP: Renamed Capital A; Diversified Into Non-Airline Biz
TOP BUILDERS: Classified as PN17 Company
N E W Z E A L A N D
HUNTINGDONSHIRE HOLDINGS: Court to Hear Wind-Up Petition on Feb. 4
LAUNDRY TODAY: Court to Hear Wind-Up Petition on March 10
LITTLE RIVER: Court to Hear Wind-Up Petition on Feb. 10
LONE GOAT: Creditors' Proofs of Debt Due March 10
P H I L I P P I N E S
MASANTOL RURAL: PDIC Sets Feb. 27 as Deadline for Filing Claims
S I N G A P O R E
JENLEE ENGINEERING: Court to Hear Wind-Up Petition on Feb. 18
RUPRECHT SERVICES: Court to Hear Wind-Up Petition on Feb. 11
SENJO PAYMENT: Court to Hear Wind-Up Petition on Feb. 11
STA TRAVEL: First Creditors' Meeting Set for Feb. 17
X X X X X X X X
[*] BOND PRICING: For the Week January 24 to January 28, 2022
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A U S T R A L I A
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ACUITAS INVESTIRE: Second Creditors' Meeting Set for Feb. 8
-----------------------------------------------------------
A second meeting of creditors in the proceedings of Acuitas
Investire Pty Limited has been set for Feb. 8, 2022, at 4:15 p.m.
via Zoom facilities.
The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.
Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Feb. 7, 2022, at 4:00 p.m.
Stephen Dixon and Geoffrey Trent Hancock of Hamilton Murphy
Advisory were appointed as administrators of Acuitas Investire on
Nov. 24, 2021.
ELECTRICAL LABOUR: First Creditors' Meeting Set for Feb. 9
----------------------------------------------------------
A first meeting of the creditors in the proceedings of Electrical
Labour Hire Pty Ltd will be held on Feb. 9, 2022, at 11:00 a.m. via
virtual meeting facilities.
Manuel Hanna and Renee Sarah Di Carlo of Romanis Cant were
appointed as administrators of Electrical Labour on Jan. 28, 2022.
LIBERTY FUNDING 2022-1: Moody's Gives (P)B1 Rating to Cl. F Notes
-----------------------------------------------------------------
Moody's Investors Service has assigned provisional ratings to notes
to be issued by Liberty Funding Pty Ltd (Liberty Funding) in
respect of Liberty Series 2022-1 Auto.
Issuer: Liberty Series 2022-1 Auto
AUD262.50 million Class A Notes, Assigned (P)Aaa (sf);
AUD26.95 million Class B Notes, Assigned (P)Aa2 (sf);
AUD15.75 million Class C Notes, Assigned (P)A2 (sf);
AUD12.25 million Class D Notes, Assigned (P)Baa2 (sf);
AUD16.80 million Class E Notes, Assigned (P)Ba2 (sf);
AUD14.00 million Class F Notes, Assigned (P)B1 (sf);
The AUD1.75 million Class G Notes are not rated by Moody's.
The transaction is a securitisation of a portfolio of Australian
consumer auto loans originated by Liberty Financial Pty Ltd
(Liberty, unrated). This is Liberty's twelfth auto asset backed
securities (ABS) transaction and its first transaction for 2022.
The transaction includes a three month pre-funding period, whereby
Liberty Funding will issue notes up to AUD350.0 million, based on
the initial pool of AUD300.0 million. During the pre-funding
period, additional loans may be sold into the trust, up to the
pre-funding amount of AUD50.0 million, subject to certain portfolio
parameters and eligibility criteria.
Liberty is an Australian non-bank lender that started originating
non-conforming residential mortgages in 1997. It subsequently
expanded into prime residential mortgage origination, as well as,
among others, auto loans, small commercial mortgage loans and
personal loans. In December 2020 Liberty was listed on the ASX. As
of June 2021, Liberty had total receivables of AUD12 billion.
RATINGS RATIONALE
The provisional ratings take into account, among other factors:
The evaluation of the underlying receivables and their expected
performance;
Historical loss data. Liberty provided vintage historical data on
gross defaults and net losses from 2002 to 2020;
The credit enhancement provided by note subordination, the
guarantee fee reserve and excess spread;
The liquidity facility in the amount of 2.00% of the invested
balance of the rated notes and the stated balance of the Class G
notes, subject to a floor of AUD600,000;
The pre-funding period;
The interest rate swap provided by National Australia Bank Limited
(NAB, Aa3/P-1/Aa2(cr)/P-1(cr)).
According to Moody's, the transaction benefits from various credit
strengths such as a high proportion of motor vehicles, a highly
granular portfolio and a guarantee fee reserve account. However,
Moody's notes that the transaction features some credit weaknesses
such as the proportion of the portfolio extended to borrowers with
prior credit impairment and the pro-rata amortisation of the rated
notes under certain conditions.
Key transactional features are as follows:
The Class A, Class B, Class C, Class D, Class E and Class F notes
are supported by 25.00%, 17.30%, 12.80%, 9.30%, 4.50% and 0.50% of
note subordination, respectively.
Principal collections will be at first distributed sequentially.
Starting from the first anniversary from closing, all notes
(excluding the Class G notes) may participate in proportional
principal collections distribution, subject to the step down
conditions being satisfied. The step down conditions include, among
others, no charge-offs on any of the notes and the subordination
percentage to the Class A notes being greater than or equal to
35.0%. The transaction will revert to a sequential principal
repayment once the aggregate principal balance of the notes is
10.0% or less of the aggregate principal balance of the notes at
closing, or on or following the payment date in February 2026.
The guarantee fee reserve account, which is unfunded at closing
and will accumulate to a maximum limit of AUD7.0 million from
excess spread. The guarantee fee reserve account will firstly be
available to meet losses on the loans and charge-offs against the
notes. Secondly, it can be used to cover any required payment
shortfalls that remain after liquidity facility and principal
draws.
Key model and portfolio assumptions:
Moody's portfolio credit enhancement ("PCE") -- representing the
loss that Moody's expects the portfolio to suffer in the event of a
severe recession scenario -- is 26.0%. Moody's mean expected
default rate for this transaction is 6.25% and the assumed recovery
rate is 37.5%. Moody's assumed default rate and recovery rate are
stressed compared to the historical levels of 6.82% (based on
origination vintages from 2002 to 2020) and 54.26% respectively.
In determining the mean default rate, Moody's gave more weight to
the historical performance of vintages post 2008 because these
vintages are more reflective of the credit quality of the current
portfolio with lower levels of credit impaired borrowers than
vintages prior to 2008. The stress Moody's has applied in
determining its mean default rate reflects the lack of economic
stress during the historical data period.
The principal methodology used in these ratings was "Moody's Global
Approach to Rating Auto Loan- and Lease-Backed ABS" published in
September 2021.
Factors that would lead to an upgrade or downgrade of the ratings:
Factors that could lead to an upgrade of the notes include a rapid
build-up of credit enhancement due to sequential amortisation or
better-than-expected collateral performance. The Australian job
market is a primary driver of performance.
Factors that could lead to a downgrade of the notes is
worse-than-expected collateral performance, poor servicing, error
on the part of transaction parties, a deterioration in the credit
quality of transaction counterparties, or lack of transactional
governance or fraud.
RIGHT FAST: Second Creditors' Meeting Set for Feb. 8
----------------------------------------------------
A second meeting of creditors in the proceedings of Right Fast
Capital Pty Ltd has been set for Feb. 8, 2022, at 2:15 p.m. via
Zoom facilities.
The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.
Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Feb. 7, 2022, at 4:00 p.m.
Stephen Dixon and Geoffrey Trent Hancock of Hamilton Murphy
Advisory were appointed as administrators of Right Fast on Nov. 24,
2021.
RIGHT PLAN: Second Creditors' Meeting Set for Feb. 8
----------------------------------------------------
A second meeting of creditors in the proceedings of Right Plan
Capital Pty Ltd has been set for Feb. 8, 2022, at 3:30 p.m. via
Zoom facilities.
The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.
Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Feb. 7, 2022, at 4:00 p.m.
Stephen Dixon and Geoffrey Trent Hancock of Hamilton Murphy
Advisory were appointed as administrators of Right Plan on Nov. 24,
2021.
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C H I N A
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CHINA EVERGRANDE: Receivers Appointed for HK Rural Plot
-------------------------------------------------------
Reuters reports that China Evergrande Group said on Jan. 30 that
receivers have been appointed for a plot of undeveloped land in
Hong Kong's rural Yuen Long district, in the latest development to
hit the debt-laden developer.
A source with direct knowledge said the creditor is Oaktree.
However, Evergrande did not mention the name in the statement,
Reuters notes.
The assets are charged as security for a financing transaction for
$520 million advanced to the group in January 2021, Evergrande said
in a filing to the Hong Kong stock exchange, Reuters relays.
"The company is seeking legal advice to protect the legal rights of
the company. At the same time, the company is in active discussions
with the lender on resolving the matter with a view of reaching a
resolution thereby maximising the return to the group."
If there is residual value on the assets after the secured
obligations have been discharged, Evergrande said it would give
priority to offshore affairs.
It said the appointment of receivers for the subsidiaries and the
potential sale of the relevant secured assets "would not have
material impact on the operations or financial position of the
group, nor affect the group's ongoing debt restructuring exercise,"
according to Reuters.
Reuters adds that Evergrande said on Jan. 26 it aims to have a
preliminary restructuring proposal in place within six months as it
scrambles to reassure creditors spooked by defaults since its
finances began to unravel last year.
About China Evergrande
China Evergrande Group is an integrated residential property
developer. The Company, through its subsidiaries, operates in
property development, investment, management, finance, internet,
health, culture, and tourism markets.
Evergrande had CNY1.97 trillion (US$311 billion) of liabilities at
the end of June 2021. Once China's biggest developer by sales,
Evergrande fell into distress as cash dried up and the group
overstretched itself on borrowings and ventures into car
manufacturing.
Evergrande hired outside financial advisers Houlihan Lokey and
Admiralty Harbour Capital in September 2021 to engage with
creditors soon after it ran into a liquidity squeeze, the Post
recalls. It has since worked with more advisers in the past two
months by turning to China International Capital Corp, BOCI Asia
and Zhong Lun Law Firm on its debt workout plan.
As reported in the Troubled Company Reporter-Asia Pacific in
December 2021, S&P Global Ratings lowered the issuer credit ratings
on China Evergrande Group and Tianji Holding Ltd. to 'SD' from
'CC'. S&P also lowered the issuer rating on Tianji's bonds due
2022 and 2023 to 'D' from 'C'. S&P subsequently withdrew all its
ratings on Evergrande, its subsidiary Hengda Real Estate Group Co.
Ltd., and Tianji, at the group's request.
The TCR-AP also reported that Fitch Ratings has downgraded to 'RD'
(Restricted Default), from 'C', the Long-Term Foreign-Currency
Issuer Default Ratings (IDR) of China Evergrande Group and its
subsidiaries, Hengda Real Estate Group Co., Ltd and Tianji Holding
Limited. Fitch has affirmed the senior unsecured ratings of
Evergrande and Tianji at 'C', with a Recovery Rating of 'RR6', as
well as the Tianji-guaranteed senior unsecured notes issued by
Scenery Journey Limited at 'C', with a Recovery Rating of 'RR6'.
The downgrades reflect the non-payment of coupons due Nov. 6, 2021
for Tianji's USD645 million 13% bonds and USD590 million 13.75%
bonds after the grace period lapsed on 6 December. The non-payment
is consistent with an 'RD' rating, signifying the uncured expiry of
any applicable grace period, cure period or default forbearance
period following a payment default on a material financial
obligation.
MEINIAN ONEHEALTH: Fitch Affirms 'B+' LT IDR, Outlook Stable
------------------------------------------------------------
Fitch Ratings has affirmed China-based Meinian Onehealth Healthcare
Holdings Co., Ltd.'s (Meinian) Long-Term Issuer Default Rating
(IDR) at 'B+'. The Outlook is Stable. Fitch has also affirmed the
senior unsecured rating at 'B+' with a Recovery Rating of 'RR4'.
The affirmation reflects Fitch's expectation that the preventive
health examination services provider's cash flow will improve,
driven by better utilisation of its medical centres as operations
return to normal and a reduction in capex due to more disciplined
expansion. This will support normalisation of FFO adjusted net
leverage to a level commensurate to its current ratings. While
Meinian's financial profile has improved, positive rating action
will hinge on a longer period of stable operating cash flow and
reduced seasonality.
The ratings continue to be supported by Meinian's leadership in
China's private health check-up market and stable industry growth
prospects. However, cash flow remains highly seasonal, reflecting
challenges in acquiring individual customers to improve
profitability.
KEY RATING DRIVERS
Steady Recovery from Covid-19: Fitch expects moderate growth for
Meinian over the next one to two years, supported by a strong base
of corporate customers. The company is unlikely to resume the rapid
growth of pre-2019 due to its revised strategy to focus on service
quality and customer experience rather than expansion. Meinian's
operations have recovered from the Covid-19 pandemic. Total
customers and revenue increased in 2021 from 2020 and 2019.
Lower Profitability: Fitch expects profitability to improve from
the trough in 2020 but it will remain lower than historical levels
over the next two to three years. The company has faced continued
challenges in offering more premium services to increase check-up
package prices due to the highly competitive industry and its
less-differentiated offerings.
Lower utilisation of its centres outside of the peak fourth quarter
each year weighs on profitability and concentrates cash flow in 4Q,
which is likely to persist in the medium term. Progress in
expanding the individual-customer base to reduce seasonality has
been slow. Individual customers contribute to utilisation as they
are more flexible in making appointments than corporate customers,
who tend to complete their check-ups towards the year's end.
Stable Leverage: Fitch expects Meinian's FFO adjusted net leverage
to have fallen to 4.4x in 2021 after peaking at 6.4x in 2020, and
to remain stable thereafter. Free cash flow is trending towards
neutral, supported by normalised operating cash flow generation and
reduction in capex as the company moderates its expansion. Meinian
has been more conservative in expansion since 2020 and converted
only a couple of minority-owned centres to majority-owned in 2021,
compared to over 20 per year during 2016-2019.
Reliant on Short-term Financing: Short-term bank loans form a large
proportion of Meinian's total debt. Fitch expects seasonality in
its operating cash flow and lower profitability to hinder the
company's ability to secure long-term financing in the near term,
but it should be able to roll over its short-term bank loans as
performance improves. The plan to raise up to CNY2.5 billion from a
private equity placement, which is pending regulatory approval,
will boost liquidity. Fitch classifies cash equivalent to 10% of
revenue as not readily available to reflect the seasonality in the
company's cash balance.
Alibaba a Key Shareholder: Fitch expects Alibaba Group Holding
Limited (A+/Stable) to be involved in setting Meinian's strategic
direction. Meinian's expansion has slowed since Alibaba took a
stake, reflecting increased financial discipline under Alibaba's
influence.
Fitch expects continued cooperation with Alibaba to support
Meinian's sustainable growth. Meinian can use Alibaba's online
platforms to divert traffic to its medical centres and promote its
check-up packages, particularly to individual customers. Alibaba
cut its stake by 1.4pp to 13.0% in November 2020, but remains the
second-largest shareholder.
Leader in Private Health Check-Ups: Fitch expects Meinian to
maintain its market leadership in the private sector as the gap
with the next-largest service provider is significant. Meinian has
been the country's largest private medical-examination service
provider for the past few years, with over 20% market share.
However, public hospitals still dominate the health check-up
industry, with around 80% share of the overall industry (including
private and public providers), and have been the company's main
competitors.
DERIVATION SUMMARY
Meinian has a stronger business profile than 361 Degrees
International Limited (B+/Stable) as Meinian is the leader in its
market while 361 Degrees ranks lower in the sportswear market.
Although the sportswear market is also likely to grow in China,
Fitch thinks Meinian's strong base of corporate customers provides
it with some revenue stability. However, Meinian's weaker financial
profile with high leverage compared with 361 Degrees' net cash
position offsets its strength in business profile and results in a
rating on par with that on 361 Degrees.
Meinian and eHi Car Services Limited (B+/Stable) have similar
business profiles with strong market positions in their respective
markets. The latter is the second-largest car rental company in
China. Meinian has a slightly larger scale in terms of EBITDA, but
higher leverage due to lease-adjusted debt forming a big share of
total debt.
KEY ASSUMPTIONS
Fitch's key assumptions within its rating case for the issuer
include:
-- High single-digit growth in 2021, moderating to low single
digits by 2024;
-- EBITDA margin to improve to 17% in 2024 from 15% in 2021;
-- Rental expense to revenue ratio of 10%-11% in 2021-2024;
-- Annual capex of CNY1.2 billion in 2021-2024, including initial
minority investments in new medical centres and investments to
raise its minority stake in some centres to majority stakes;
-- Dividend payout ratio of 25% in 2022-2024.
Recovery Rating Assumptions:
-- Apply the going-concern value, as it is higher than
liquidation value;
-- A 25% discount to forecast 2021 EBITDA;
-- 4x EBITDA multiple to going-concern EBITDA;
-- 10% administrative claim.
The allocation of value in the liability waterfall results in
recovery corresponding to an 'RR1' Recovery Rating for offshore
senior unsecured debts. However, the Recovery Rating for senior
unsecured debt is capped at 'RR4' because under Fitch's
Country-Specific Treatment of Recovery Ratings Criteria, China
falls into Group D of creditor friendliness, and the Recovery
Ratings of issuers with assets in this group are subject to a cap
of 'RR4'.
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
-- FFO adjusted net leverage below 4.5x for a sustained period
(2020:6.4x, 2021F:4.4x);
-- Neutral-to-positive FCF;
-- Greater stability in operating cash flow generation on a
quarterly basis.
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
-- FFO adjusted net leverage above 5.5x for a sustained period;
-- FFO fixed-charge coverage below 1.5x for a sustained period
(2020: 1.4x, 2021F:1.8x);
-- Widening negative free cash flow;
BEST/WORST CASE RATING SCENARIO
International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.
LIQUIDITY AND DEBT STRUCTURE
Adequate Liquidity: Meinian had available cash of CNY1.2 billion as
of end-June 2021 and unused banking facilities of CNY1.5 billion,
sufficient to cover its short-term debts of CNY2.5 billion. Meinian
does not have any capital-market debt outstanding after repayment
of its US dollar bond in April 2021.
ISSUER PROFILE
Meinian provides preventative healthcare solutions in China with a
network of 607 check-up centres as of end-June 2021.
SUMMARY OF FINANCIAL ADJUSTMENTS
-- Capex includes acquiring minority stakes in new centres and
increasing investments in minority-interest centres to a
controlling interest.
-- 10% of revenue is treated as restricted cash to reflect the
seasonality in its operating cash flow generation.
ESG CONSIDERATIONS
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
REDSUN PROPERTIES: Moody's Affirms B2 CFR, Alters Outlook to Neg.
-----------------------------------------------------------------
Moody's Investors Service has changed the ratings outlook on Redsun
Properties Group Limited to negative from stable.
At the same time, Moody's has affirmed Redsun's B2 corporate family
rating and B3 senior unsecured ratings.
"The negative outlook reflects our expectation that Redsun's
contracted sales will fall over the next 6-12 months because of
weaker consumer sentiment amid tight funding conditions, which will
in turn lead to a deterioration in the company's financial metrics
and liquidity," says Cedric Lai, a Moody's Vice President and
Senior Analyst.
"The rating affirmation reflects our expectation that Redsun will
proactively address its maturing debt amid the difficult operating
and financing conditions over the next 6-12 months," adds Lai.
RATINGS RATIONALE
Moody's expects Redsun's liquidity will weaken over the next 12-18
months amid the tougher operating and funding environment. Redsun
is highly reliant on offshore funding, which accounted for 35% of
its total debt as of June 30, 2021. In particular, the company had
around USD1.2 billion in offshore bonds maturing or becoming
puttable before the end of June 2023.
Moody's expects Redsun will repay part of these maturing debts with
its internal cash, given the volatility in offshore capital
markets. But this would constrain the funding available for its
operations, such as investments in land, if the volatile market
conditions continue for a prolonged period.
Redsun's investment property portfolio will also provide an
alternate source of liquidity, as the company could sell these
properties to meet its debt obligations in case of need.
In addition, Redsun's credit metrics will weaken over the next
12-18 months. Moody's forecasts its debt leverage, as measured by
revenue/adjusted debt, will decline slightly to 55%-57% over this
period from 58% for the 12 months ended June 2021, as its revenue
will decline because of an expected fall in contracted sales and a
slowdown in construction activity to preserve liquidity. Similarly,
its interest-servicing ability, as measured by EBIT interest
coverage, will weaken to 1.5x-1.6x from 1.9x over the same period.
Redsun's B2 CFR reflects the company's long operating history in
developing mass residential properties in the Jiangsu province.
However, the rating is constrained by the company's modest credit
metrics, highly concentrated geographic coverage in Jiangsu
province and significant exposure to its joint venture (JV)
businesses, which increases its contingent liabilities and weakens
its corporate transparency.
The B3 senior unsecured debt rating is one notch lower than its CFR
due to structural subordination risk. This risk reflects the fact
that the majority of claims are at the operating subsidiaries and
have priority over Redsun's senior unsecured claims in a bankruptcy
scenario. In addition, the holding company lacks significant
mitigating factors for structural subordination. As a result, the
expected recovery rate for claims at the holding company will be
lower.
In terms of environmental, social and governance (ESG)
considerations, Redsun's CFR considers the company's concentrated
ownership by its key shareholder, Zeng Huansha, who held a 72%
direct and indirect stake as of the end of June 2021. Moody's has
also considered (1) the presence of three independent nonexecutive
directors on Redsun's seven-member board, (2) the fact that
independent nonexecutive directors chair both the audit and
remuneration committees; (3) Redsun's moderate 25%-30% dividend
payout ratio over the past three years; and (4) the presence of
other internal governance structures and standards as required by
the Corporate Governance Code for companies listed on the Hong Kong
Stock Exchange.
FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS
An upgrade is unlikely, given the negative outlook.
However, Moody's could return the outlook to stable if Redsun
improves its access to funding, maintains stable operating cash
flow and strengthens its liquidity.
On the other hand, Moody's could downgrade the rating if (1) the
company's contracted sales and cash collections decline; and (2)
its credit metrics deteriorate, such that its EBIT/interest
coverage fails to recover to 1.5x on a sustained basis.
Downward rating pressure could also develop if the company's
liquidity profile significantly deteriorates.
The principal methodology used in these ratings was Homebuilding
And Property Development Industry published in January 2018.
Redsun Properties Group Limited, which was founded in 1996, listed
on the Hong Kong Stock Exchange in July 2018. Its headquarters are
in Shanghai and Nanjing.
The company engages in real estate development, commercial
properties and hotel operations in China. As of the end of June
2021, its saleable resources totaled 21 million square meters in
gross floor area spread across over 60 cities in China.
SHIMAO GROUP: Shares Rise After Shanghai Hotel Sale
---------------------------------------------------
Reuters reports that shares of cash-strapped Shimao Group rose on
Jan. 31 after the Chinese developer and its chairman sold a
Shanghai hotel and a stake in a Hong Kong development,
respectively, for a total of $836 million, in their latest efforts
to raise funds.
According to Reuters, the disposals come after Shimao put up its
assets worth CNY77 billion ($12.11 billion) for sale to raise cash
to repay its debts, offloading two other assets in the past two
weeks for CNY3 billion.
Reuters relates that the Shanghai-based developer said late on Jan.
31 it sold Hyatt on the Bund to state-owned Shanghai Land (Group)
Co for CNY4.5 billion.
Its chairman, Hui Wing Mau, also sold his 40% stake in a Hong Kong
high-end residential development to Hong Kong investors CSI
Properties and C C Land Holdings for HK$1.05 billion ($134.68
million), according to separate statements from the buyers late on
Jan. 28.
Chinese state-owned property firms are expected to acquire more
assets from private developers facing tight liquidity, analysts
said, as Beijing steps up efforts to stabilise and tighten control
over a crisis-hit sector that accounts for a quarter of its
economy, Reuters relays.
Financial media outlet Cailianshe reported over the weekend a
state-owned healthcare real estate firm in the northeastern
province of Shandong may become China Aoyuan Group's controlling
shareholder, and it has completed the preliminary due diligence.
About Shimao Group
China-based Shimao Group Holdings Ltd, formerly Shimao Property
Holdings Ltd, is an investment holding company principally engaged
in the sale of properties. The Company operates its business
through four segments. The sales of Properties segment is mainly
engaged in the development of residential real estate. The Property
Management Income and Others is mainly engaged in property
management. The Hotel Operation Income segment is mainly engaged in
hotel operations. The Commercial Properties Operation Income
segment is mainly engaged in the development, investment and
operation of commercial, office and industrial park property
projects.
As reported in the Troubled Company Reporter-Asia Pacific on Jan.
12, 2022, S&P Global Ratings has lowered its long-term issuer
credit rating on Shimao Group Holdings Ltd. to 'B-' from 'B+'. S&P
also lowered the long-term issue rating on the company's senior
unsecured notes to 'CCC+' from 'B'. S&P placed all the ratings on
CreditWatch with negative implications.
The TCR-AP reported on Jan. 13, 2022, that Fitch Ratings has
downgraded Shimao Group's Issuer Default Rating (IDR) to 'B-', from
'BB', and the senior unsecured rating and outstanding senior
unsecured notes to 'B-', from 'BB', and assigned a Recovery Rating
of 'RR4'. All ratings remain on Rating Watch Negative (RWN).
The downgrade is driven by Shimao's lower margin of safety in
preserving liquidity, as evidenced by an announcement by subsidiary
Shanghai Shimao Jianshe Co., Ltd (Shimao Jianshe; not rated) that a
company 30% indirectly owned by Shimao Jianshe had not paid a trust
loan. Shimao Jianshe guarantees the loan. Shimao continues to meet
its public capital-market obligations. Negative news flow continues
to affect market confidence in the company. Shimao's ability to
meet the obligations could be challenged if its access to capital
and contracted sales weaken significantly.
ZHONGLIANG HOLDINGS: S&P Cuts ICR to 'B', Outlook Negative
----------------------------------------------------------
On Jan. 28, 2022, S&P Global Ratings lowered its long-term issuer
credit rating on Zhongliang Holdings Group Co. Ltd. to 'B' from
'B+'.
The negative outlook on Zhongliang reflects S&P's view of rising
liquidity pressure on the China-based developer over the next six
months due to tighter funding access and slower sales.
S&P lowered the rating on Zhongliang to reflect higher liquidity
pressure on the company during the next six months. After the
developer remitted funds to repay US$250 million of senior notes
due in January, it still has offshore maturities of about US$1
billion in 2022, concentrated in the second and third quarters.
Zhongliang relies on internal cash flow to settle the maturities.
Weaker homebuyer sentiment will likely hurt the company's sales,
reducing its liquidity buffer.
Zhongliang's sufficient land reserves should temper risks. Even
with S&P's lowered forecast on the company's sell-through rate, its
salable resources of Chinese renminbi (RMB) 260 billion–RMB270
billion enable some flexibility to cut land spending while
sustaining sales in the next 6-12 months. S&P forecasts its total
contracted sales at RMB145 billion-RMB155 billion during 2022
(Zhongliang's attributable portion 50%-60%), compared with RMB172
billion reported for 2021.
Zhongliang's funding structure will likely remain exposed to market
volatility. S&P said, "In our view, the liquidity pressure is tied
to Zhongliang's high use of short-term debt in its capital
structure. Its weighted average debt maturity is about 1.7-1.8
years, shorter than an average property project cycle of two to
three years. The funding structure will likely remain susceptible
to funding conditions and market volatility. We revised the capital
structure score to negative from stable, and the liquidity score
assessment to less than adequate from adequate to reflect such
risks."
S&P said, "Despite tighter liquidity, we believe Zhongliang will
continue to execute its plan to repay offshore debt from onshore
cash flow and savings. Our assessment considers the company's
satisfactory track record of timely repayments on sizable offshore
maturities using onshore cash flow." Despite tighter restrictions
on keeping certain level of cash at escrow accounts in lower tier
cities, the company managed to generate positive operating cash
flow and release part of surplus cash to repay debt in 2021.
Amid squeezed funding access, Zhongliang reduced its reported debt
level by 25%-30% in the second half of 2021, mainly by net
repayment of onshore bank and trust loans and offshore bonds at
maturity. S&P expects the pressure on onshore funding to gradually
ease from the beginning of 2022. However, the offshore refinancing
window will remain closed for an extended time, which will continue
to stretch Zhongliang's overall liquidity.
Zhongliang has limited funding options or asset disposal
opportunities to generate liquidity.The company's projects are
mainly small-sized property developments, with about 60% in tier 3
and tier 4 cities. It has minimal exposure to commercial properties
or non-core businesses.
S&P said, "In our view, the tough industry and funding environment
is likely to add uncertainty to Zhongliang's business
sustainability.We estimate operating cash flow will turn negative
in 2023 owing to potentially lower property sales, high
construction spending, and land replenishment needs. The urgent
need to repay debt in 2022 will likely take away resources from
business operations. Over the next two years, the company faces
challenges due to a depleting land bank and the need to catch up on
construction schedules for a smooth delivery of pre-sold projects.
"The negative outlook on Zhongliang reflects our view that
liquidity pressure on the company will rise over the next six
months due to narrower funding access and slower sales.
"We may lower the rating if Zhongliang's liquidity position further
deteriorates, possibly due to significant slippage in sales
proceeds, or a failure to act on refinancing or repayment plans to
settle debt maturities.
"We may also downgrade the company if its financial leverage, in
terms of consolidated or proportionately consolidated ratio of debt
to EBITDA, rises above 7x.
"We may revise the outlook to stable if Zhongliang can demonstrate
its ability to ease repayment pressure, improve its liquidity
profile, and at the same time, maintain a stable capital structure
with smooth funding access to weather the industry downcycle."
=========
I N D I A
=========
ADHIKARI BROTHERS: Liquidation Process Case Summary
---------------------------------------------------
Debtor: Sri Adhikari Brothers Television Network Limited
6th Floor, Oberoi Chambers
Oberoi Complex
Next to Laxmi Industries Estate
Oshiwara, New Link Andheri West
Mumbai 400053
Liquidation Commencement Date: December 16, 2021
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: September 15, 2021
Insolvency professional: Mr. Ashish Vyas
Interim Resolution
Professional: Mr. Ashish Vyas
B-1A Viceroy Court CHS
Thakur Village
Kandivali (East)
Mumbai Suburban
Maharashtra 400101
E-mail: ashishvyas2006@gmail.com
- and -
A-402 Suashish IT Park
Dattapada Road
Borivali (East)
Mumbai Suburban
Maharashtra 400066
E-mail: sabtnl.liquidator@gmail.com
Last date for
submission of claims: February 20, 2022
AGRS PROJECTS LLP: Insolvency Resolution Process Case Summary
-------------------------------------------------------------
Debtor: M/s AGRS Projects LLP
Flat No. 501
RR Pramodha Apartments
RR Colony, Near Collectorate
Reddy Gunta Check Post
Chittoor 517002
Andhra Pradesh
Insolvency Commencement Date: January 18, 2022
Court: National Company Law Tribunal, Chittoor Bench
Estimated date of closure of
insolvency resolution process: July 16, 2022
Insolvency professional: Srinivas Gudla Rao
Interim Resolution
Professional: Srinivas Gudla Rao
Flat No. 201, Aqua Towers
East Point Colony
Visakhapatnam 530017
Andhra Pradesh
E-mail: agrsprojectscirp@gmail.com
- and -
Flat No. A-1
BR's Princeton Apartment
CBM Compound, VIP Road
Visakhapatnam 530003
Andhra Pradesh
Last date for
submission of claims: January 31, 2022
ALTECH INFRASTRUCTURE: Insolvency Resolution Process Case Summary
-----------------------------------------------------------------
Debtor: M/s Altech Infrastructure Private Limited
Plot no. 293, Kehar Singh Estate
West End Marg, Saidulajaib
Opp. Saket-D, Block
New Delhi 110030
India
Insolvency Commencement Date: January 21, 2022
Court: National Company Law Tribunal, New Delhi Bench, Court-2
Estimated date of closure of
insolvency resolution process: July 20, 2022
Insolvency professional: Vinod Kumar Chaurasia
Interim Resolution
Professional: Vinod Kumar Chaurasia
A-756, Sector-2
Rohini, New Delhi 110085
E-mail: cavinodchaurasia@gmail.com
- and -
B-22, Pragati Vihar Hostel
Lodhi Road, New Delhi 110003
E-mail: irp.altech@gmail.com
Classes of creditors: Home Buyers
Insolvency
Professionals
Representative of
Creditors in a class: Mr. Rajiv Bajaj
4/180, Ground Floor
Backside, Subhash Nagar
New Delhi 110027
E-mail: rbajaip@gmail.com
Mr. Satish Kumar Chugh
111-B, Pocket-F
Mayur Vihar, Phase-II
Delhi 110091
E-mail: skchugh111@gmail.com
Mr. Satya Prakash
B-277, Gali No. 14
Tomar Colony, Burari
Delhi 110084
E-mail: cs.satyaprakash@gmail.com
Last date for
submission of claims: February 4, 2022
AMBE PROPTECH: CRISIL Keeps B+ Debt Ratings in Not Cooperating
--------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Ambe Proptech
Private Limited (APPL) continue to be 'CRISIL B+/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Long Term Loan 253 CRISIL B+/Stable (Issuer Not
Cooperating)
Proposed Term Loan 7 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with APPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of APPL, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on APPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
APPL continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.
APPL, incorporated in February 2012, is setting up a commercial
mall cum multiplex in Gorakhpur. It is promoted by Mr. Nirmal Kumar
Gupta and Mr. Sandeep Kumar Tekriwal, and their family members.
BDR EDUCATIONAL: Ind-Ra Keeps 'C' Loan Rating in Non-Cooperating
----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has maintained BDR Educational
Society's term loan rating in 'IND C (ISSUER NOT COOPERATING)'. The
issuer did not participate in the rating exercise despite
continuous requests and follow-ups by the agency. Therefore,
investors and other users are advised to take appropriate caution
while using these ratings. The rating will continue to appear as
'IND C (ISSUER NOT COOPERATING)' on the agency's website.
The detailed rating action is:
-- INR66.20 mil. Term loan due on July 31, 2023 maintained in
non-cooperating category with IND C (ISSUER NOT COOPERATING)
rating.
Note: ISSUER NOT COOPERATING: The rating was last reviewed on
January 29, 2021. Ind-Ra is unable to provide an update as the
agency does not have adequate information to review the rating.
COMPANY PROFILE
BDR Educational Society is registered under the Andhra Pradesh
Societies Registration Act, 2001. It runs Surya – The Global
School in Baachupally, Hyderabad. The school has a three-acre
campus and offers CBSE curriculum until grade seven. The school
commenced operations in 2013.
BHAGWATI SAMARTH: CRISIL Keeps B+ Debt Ratings in Not Cooperating
-----------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Shree
Bhagwati Samarth Food Products Private Limited (SBSF) continue to
be 'CRISIL B+/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6 CRISIL B+/Stable (Issuer Not
Cooperating)
Term Loan 3 CRISIL B+/Stable (Issuer Not
Cooperating)
Term Loan 3 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SBSF for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SBSF, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SBSF
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SBSF continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.
SBSF was incorporated in May 2012 by Mr. Bhagwati Omprakash Kalani,
who also owns a sole proprietorship firm, Shree Samarth Food
Products. SBSF commenced operations in May 2015 and produces besan
and wheat flour. Its manufacturing facility and registered office
are in Thane, Maharashtra.
BRIGHT STAR: CRISIL Lowers Rating on INR10cr Cash Loan to B
-----------------------------------------------------------
CRISIL Ratings has revised the ratings on bank facilities of Bright
Star Syntex Private Limited (BSSPL) to 'CRISIL B/Stable Issuer Not
Cooperating' from 'CRISIL BB-/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 10 CRISIL B/Stable (ISSUER NOT
COOPERATING; Revised from
'CRISIL BB-/Stable ISSUER NOT
COOPERATING')
Term Loan 5 CRISIL B/Stable (ISSUER NOT
COOPERATING; Revised from
'CRISIL BB-/Stable ISSUER NOT
COOPERATING')
CRISIL Ratings has been consistently following up with BSSPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of BSSPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on BSSPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
BSSPL Revised to 'CRISIL B/Stable Issuer Not Cooperating' from
'CRISIL BB-/Stable Issuer Not Cooperating'.
BSSPL, incorporated in 2002, undertakes spinning, weaving, and
finishing of textiles (jacquard-woven fabrics/curtains). The
manufacturing unit in Tarapur (Thane) has total installed capacity
of about 5 lakh meters per month. Mr. Bijay Agarwal and Ms Saroj
Agarwal are the promoters.
CORIAL CERAMIC: CRISIL Lowers Rating on INR8cr Loans to B
---------------------------------------------------------
CRISIL Ratings has revised the ratings on bank facilities of Corial
Ceramic Private Limited (CCPL) to 'CRISIL B/Stable Issuer Not
Cooperating' from 'CRISIL BB-/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6 CRISIL B/Stable (ISSUER NOT
COOPERATING; Revised from
'CRISIL BB-/Stable ISSUER NOT
COOPERATING')
Proposed Long Term 2 CRISIL B/Stable (ISSUER NOT
Bank Loan Facility COOPERATING; Revised from
'CRISIL BB-/Stable ISSUER
NOT COOPERATING*')
CRISIL Ratings has been consistently following up with CCPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of CCPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on CCPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
CCPL Revised to 'CRISIL B/Stable Issuer Not Cooperating' from
'CRISIL BB-/Stable Issuer Not Cooperating'.
Incorporated in 2017, CCPL manufactures ceramic wall glazed tiles.
The company set up a manufacturing plant in Morbi in fiscal 2018,
and commenced operations in April 2018. OBL holds 26% in CCPL.
DEEP POULTRY: CRISIL Keeps B- Debt Ratings in Not Cooperating
-------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Deep Poultry
Farm (DPH) continue to be 'CRISIL B-/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 2 CRISIL B-/Stable (Issuer Not
Cooperating)
Term Loan 4.5 CRISIL B-/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with DPH for
obtaining information through letters and emails dated October 16,
2021 and December 21, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of DPH, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on DPH
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
DPH continue to be 'CRISIL B-/Stable Issuer Not Cooperating'.
DPH, established in 2016, has purchased a poultry unit for 100,000
commercial layer birds along with a feed mill.
DIVYA PACKMAF: CRISIL Keeps B Debt Rating in Not Cooperating
------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Divya Packmaf
Private Limited (DPPL) continues to be 'CRISIL B/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 9 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with DPPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of DPPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on DPPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
DPPL continue to be 'CRISIL B/Stable Issuer Not Cooperating'.
DPPL, incorporated in 2010, manufactures plastic packing materials
such as containers, caps, and jars, mainly for DYMT and PAL. DPPL's
manufacturing facility is in Haridwar. Both DYMT and PAL are part
of the Patanjali group. Mr. Ram Bharat took full control of the
company in fiscal 2019.
FURNACE FABRICA: Ind-Ra Lowers Long-Term Issuer Rating to 'BB-'
---------------------------------------------------------------
India Ratings and Research (Ind-Ra) has downgraded Furnace Fabrica
(India) Limited's (FFIL) Long-Term Issuer Rating to 'IND BB-' from
'IND BB'. The Outlook is Stable.
The instrument-wise rating actions are:
-- INR589 mil. (reduced from INR630 mil.) Fund-based limit
downgraded with IND BB-/Stable rating;
-- INR2.558 bil. (increased from INR2.230 bil.) Non-fund-based
limit downgraded with IND BB-/Stable rating;
-- INR30 mil. (reduced from INR1.125 bil.) Non-fund-based limit
affirmed with IND A4+ rating; and
-- INR83.10 mil. COVID-19 emergency line of credit assigned with
IND BB-/Stable rating.
The downgrade reflects FFIL's tight liquidity profile of the
company and the likely fall in its overall operating performance in
FY22 on account of COVID-19 led business disruptions.
KEY RATING DRIVERS
Liquidity Indicator - Poor: The downgrade reflects the worsening
liquidity profile of the company as reflected from its average
maximum fund-based limit utilization of 97% during the 12 months
ended December 2021. Moreover, there were instances of over
utilization which were regularized within 13 days along with
instances of delays in paying working capital interest which were
regularized within 28 days.
Also, FFIL's working capital cycle stretched to 814 days in FY21
(FY19: 708 days) due to higher inventory days of 745 days (693
days). As per the management, the inventory days will remain high
because of work in progress. Large components typically involve a
long turnaround time as they are considered inventory until final
billing is done. However, the cash flow from operations turned
positive INR62.26 million in FY21 (FY20: negative INR172.30
million) on account of favorable changes in working capital. The
company had availed the Reserve Bank of India prescribed COVID-19
led debt moratorium during April-August 2020 and has also availed
an emergency line of credit to meet the cash flow mismatches. As
per the management, the promoters are likely to infuse an unsecured
loan of INR100 million in FY22. The company also expects to recover
retention money from few of the completed orders by end-FY22 which
would further provide some liquidity support.
The downgrade also reflects FFIL's revenue falling to INR1,831
million, according to the provisional financials for FY21, from
INR3,196 million in FY20 due to the fewer orders executed on
account of the COVID-19 led lockdown and government restrictions.
The management expects the revenue to decline in FY22 as well, on
account of the further lower number of orders executed mainly due
the unavailability of labor during the second covid wave and
further hit of the third covid wave. As of 1HFY22, the company
earned revenue of INR734 million. The scale of operations of the
company is small.
The ratings are constrained by FFIL's modest credit metrics, with
the interest coverage falling to 1.5x in FY21 (FY20: 1.6x) and the
net financial leverage (adjusted debt/operating EBITDAR)
deteriorating to 4.1x (2.7x). The credit metrics deteriorated in
FY21 on account of a decline in the absolute EBITDA to INR211
million (INR345.80 million). The operating EBITDA margin was also
modest at 11.5% in FY21 (FY20: 10.8%) and the return on capital
employed was 5% (10%). The marginal improvement in the operating
EBITDA margin was on account of the execution of high-margin orders
during the year and lower subcontracting charges as the site was
operational only for five months.
The ratings are however supported by the company's promoters' over
five decades of experience in the engineering, procurement and
construction business.
RATING SENSITIVITIES
Negative: Further deterioration in the liquidity and the gross
interest coverage falling below 1.5x on a sustained basis will be
negative for the ratings.
Positive: An improvement in the scale of operations and liquidity
along with an improvement in the overall credit metrics on a
sustained basis will be positive for the ratings.
COMPANY PROFILE
FFIL provides engineering, procurement and construction services
for metallurgical, fertilizer, petrochemical, refinery, cement,
power and steel plants on a turnkey basis.
Its head office is in Mumbai. It has regional offices in Delhi,
Kochi and Kolkata, and its international offices are in Zambia,
Morocco and the UAE. Furthermore, FFIL has captive fabrication
facilities in Navi Mumbai (Maharashtra) and Kandla (Gujarat) in
India and Chingola in Zambia. The company is promoted by A.
Baseeruddin.
FUTURE GROUP: SC to Hear Petition Against Lenders on NPA Tag
------------------------------------------------------------
Livemint.com reports that the Supreme Court on Jan. 31 is likely to
hear the plea of Future Retail Ltd (FRL) seeking a direction to
lending financial institutions (FIs) from taking any action over
non-payment of its debt obligations.
Last week, a bench headed by Chief Justice N V Ramana took note of
the submissions of senior advocate Mukul Rohatgi, appearing for the
FRL, and agreed to hear the plea and asked him to serve the copy of
the petition on 27 banks and US e-commerce major, Amazon,
Livemint.com relates.
"This petition is not related to that transaction (FRL-Reliance
Retail). Here the banks are going to sell my small shops. The
problem is that they cannot sell as there is an injunction.
Actually, Amazon is not concerned with this case. In any case, we
will serve 27 banks in this matter," Rohatgi told the bench which
also comprised justices A S Bopanna and Hima Kohli.
According to Livemint.com, Amazon has been opposing the sale of
FRL's and had got an award in its favor restraining the Future
group from going ahead with the INR24,731 crore merger deal of
Future Retail Ltd (FRL) with Reliance Retail.
Future Retail's assets include more than 1,200 Big Bazar stores
across the country.
Earlier, the apex court on January 11 had reserved verdict on a
batch of pleas filed by Future group firms against a Delhi High
Court order declining stay on an arbitration tribunal decision
refusing to interfere with the Emergency Award (EA) of the
Singapore International Arbitration Centre (SIAC).
About Future Group
Future Group operates multi-branded retail outlets. The company's
retail chains include department stores, outlet stores, sportswear,
home improvement and consumer durables, supermarket, and
convenience stores as well as food parks.
Cash-strapped Future Group owes around INR19,000 crore to banks and
INR6,000 crore to the vendors. Future Retail Limited owes INR6,278
crore debt with 28 banks, including SBI, Union Bank, Bank of India,
Bank of Baroda, Axis Bank, and IDBI Bank, among others.
Future, India's second-largest retailer, has sought to complete its
$3.4 billion retail asset sale to Reliance Retail since 2020. The
Indian Supreme Court has upheld the Singapore Emergency
Arbitrator's award against Reliance Retail's takeover of Future
group companies.
KEDIA TEXFAB: Ind-Ra Assigns BB+ LT Issuer Rating, Outlook Stable
-----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has assigned Kedia Texfab &
Industries Private Limited (KTIPL) a Long-Term Issuer Rating of
'IND BB+'. The Outlook is Stable.
The instrument-wise rating actions are:
-- INR400 mil. Fund-based working capital limit assigned with IND
BB+/Stable/ IND A4+ rating; and
-- INR200 mil. Non-fund-based working capital limit assigned with
IND A4+ rating.
The ratings reflect KTIPL's small scale of operations, and modest
EBITDA margins and credit metrics. However, the ratings are
supported by and the company's promoters' extensive experience in
the trading of cotton yarn.
KEY RATING DRIVERS
The ratings reflect KTIPL's small scale of operations as indicated
by revenue of INR2,006 million in FY21 (FY20: INR3,639 million). In
FY21, the revenue declined due to muted sales as the operations
were shut for around six months due to the Covid-19-led
disruptions. Till 8MFY21, KTIPL booked revenue of INR2,411 million.
As of December 2021, it had an order book of INR307 million, to be
executed by end-January 2021. Ind-Ra expects the revenue to improve
in FY22, due to the execution of a higher number of orders.
The ratings also factor in the KPTIL's modest EBITDA margins of
4.48% in FY21 (FY20: 2.93%) with a return on capital employed of
12.1% (14.7%). In FY21, the EBITDA margins improved due to a
decline in the cost of goods sold. The agency expects the EBITDA
margins to decline in FY21, due to volatility in raw material
prices.
The ratings also reflect KPTIL's modest credit metrics as indicated
by the interest coverage (operating EBITDA/gross interest expenses)
of 1.39x in FY21 (FY20: 1.45x) and the net leverage (total adjusted
net debt/operating EBITDAR) of 4.52x (3.87x). The deterioration in
the credit metrics was due to a decline in the absolute EBITDA to
INR89.93 million in FY21 (FY20: INR106.36 million).
Liquidity Indicator - Stretched: KTIPL's average maximum
utilization of the fund-based and the non-fund-based limits was
53.5% and 2.65%, respectively, during the 12 months ended December
2021. The cash flow from operations increased to INR14.69 million
in FY21 (FY20: INR6.78 million) due to favorable changes in working
capital. However, the free cash flow declined to INR5.68 million in
FY21 (FY20: INR6.63 million) as the company incurred a capital
expenditure of INR9 million for purchasing a vehicle (FY20: INR0.15
million). The net working capital cycle was elongated at 113 days
in FY21 (FY20: 60 days), due to a decline in the creditor period to
34 days (72 days). The cash and cash equivalents stood at INR0.45
million at FYE21 (FYE20: INR51.94 million). It had also availed a
guaranteed emergency credit line of INR36.9 million in December
2021. However, KPTIL does not have any capital market exposure and
relies on banks and financial institutions to meet its funding
requirements.
However, the ratings are supported by the promoters' nearly three
decades of experience in the textile trading business, leading to
established relationships with its customers and suppliers.
RATING SENSITIVITIES
Positive: An increase in the scale of operations and profitability,
leading to an improvement in the interest coverage above 2.5x,
along with maintaining its liquidity position, all on a sustained
basis, could lead to a positive rating action.
Negative: A reduction in the scale of operations or profitability,
leading to a deterioration in the credit metrics or liquidity, all
on a sustained basis, could lead to a negative rating action.
COMPANY PROFILE
Promoted by Manoj Kumar Kedia and Pawankumar Kedia, KTIPL was
incorporated in 2013 and is involved in the trading of cotton yarn,
cotton and fabric.
LAKSHMI MOUNICA: CRISIL Keeps B Debt Ratings in Not Cooperating
---------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Sri Lakshmi
Mounica Rice Industries (SLMRI) continue to be 'CRISIL B/Stable
Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 10 CRISIL B/Stable (Issuer Not
Cooperating)
Cash Credit 1.15 CRISIL B/Stable (Issuer Not
Cooperating)
Proposed Long Term 0.85 CRISIL B/Stable (Issuer Not
Bank Loan Facility Cooperating)
Rupee Term Loan 3 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SLMRI for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SLMRI, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SLMRI
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SLMRI continues to be 'CRISIL B/Stable Issuer Not Cooperating'.
Based in Nellore (Andhra Pradesh) and established in 2007 by Mr.
Balamurali Reddy, SLMRI is a proprietorship firm which process
paddy into rice; it also generates by-products such as broken rice,
bran, and husk.
LATHA EDUCATIONAL: CRISIL Keeps B Debt Rating in Not Cooperating
----------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Latha
Educational Society (LES) continues to be 'CRISIL B/Stable Issuer
Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Term Loan 5 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with LES for
obtaining information through letters and emails dated October 16,
2021 and December 04, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of LES, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on LES
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
LES continue to be 'CRISIL B/Stable Issuer Not Cooperating'.
LES, based in Tamil Nadu, manages Sakthi Matric Higher Secondary
School and ECR International School at Chinnasalem in Tamil Nadu.
Established in 1993, the society is managed by Mr. E C Ravikumar.
LB INDUSTRIES PRIVATE: Liquidation Process Case Summary
-------------------------------------------------------
Debtor: LB Industries Private Limited
Plot No. 2A
Mount Rd Extation
Sadar, Nagpur
Maharashtra 440001
Liquidation Commencement Date: January 20, 2022
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: January 19, 2022
Insolvency professional: Fanendra H Munot
Interim Resolution
Professional: Fanendra H Munot
6th Floor, Mafatlal House Building
H T Parekh Marg
Backbay Reclamation
Mumbai 400020
E-mail: fhmunot@gmail.com
- and -
5th Floor, Labhade Prestige
Off Karve Road
Deccan Gymkhana
Pune 411004
E-mail: liquidation.lbindustries@
gmail.com
Mobile: 7378559292
Last date for
submission of claims: February 24, 2022
LIVERPOOL SCHOOL: Voluntary Liquidation Process Case Summary
------------------------------------------------------------
Debtor: Liverpool School of Tropical Medicine India
Private Limited
H-2/206, Apra North X Plaza
Netaji Subhash Place
Delhi 110034
Liquidation Commencement Date: January 24, 2022
Court: National Company Law Tribunal, New Delhi Bench
Insolvency professional: Mr. Nitesh Kumar Sinha
Interim Resolution
Professional: Mr. Nitesh Kumar Sinha
8A, Ug, Ansal Plaza
Vaishali, Ghazibad 201010
E-mail: info@csnitesh.com
Mobile: 9871500827
Last date for
submission of claims: February 22, 2022
MEHTA STAR: CRISIL Keeps B Debt Ratings in Not Cooperating
----------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Mehta Star
Hotels Private Limited (MSHPL) continue to be 'CRISIL B/Stable
Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 0.27 CRISIL B/Stable (Issuer Not
Cooperating)
Term Loan 5.17 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with MSHPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of MSHPL, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on MSHPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
MSHPL continues to be 'CRISIL B/Stable Issuer Not Cooperating'.
Established in February 2015, MSHPL is establishing a three-star
hotel along with banquet, gym and club facility in Gaya, Bihar. Mr.
Anup Mehta and Mr. Anil Mehta are its promoters. The hotel will be
named Sukhdeo Palace and is expected to commence occupancy from
December 2016.
MITTAL RICE: CRISIL Keeps B Debt Ratings in Not Cooperating
-----------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Mittal Rice
and General Mills (MRGM) continue to be 'CRISIL B/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6 CRISIL B/Stable (Issuer Not
Cooperating)
Proposed Long Term 0.1 CRISIL B/Stable (Issuer Not
Bank Loan Facility Cooperating)
CRISIL Ratings has been consistently following up with MRGM for
obtaining information through letters and emails dated October 16,
2021 and December 21, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of MRGM, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on MRGM
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
MRGM continue to be 'CRISIL B/Stable Issuer Not Cooperating'.
MRGM mills and sorts basmati rice, at its manufacturing facility,
at Cheeka, Haryana; the facility has total manufacturing capacity
of 3 million tonnes per annum.
NAYAK INFRASTRUCTURE: CRISIL Keeps D Ratings in Not Cooperating
---------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Nayak
Infrastructure Private Limited (NRM) continue to be 'CRISIL
D/CRISIL D Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Bank Guarantee 81 CRISIL D (Issuer Not
Cooperating)
Bank Guarantee 29 CRISIL D (Issuer Not
Cooperating)
Bank Guarantee 15 CRISIL D (Issuer Not
Cooperating)
Bank Guarantee 10 CRISIL D (Issuer Not
Cooperating)
Cash Credit 2.5 CRISIL D (Issuer Not
Cooperating)
Cash Credit 9.5 CRISIL D (Issuer Not
Cooperating)
Cash Credit 3.5 CRISIL D (Issuer Not
Cooperating)
Cash Credit 24 CRISIL D (Issuer Not
Cooperating)
Proposed Long Term
Bank Loan Facility 53 CRISIL D (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with NRM for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of NRM, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on NRM
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
NRM continue to be 'CRISIL D/CRISIL D Issuer Not Cooperating'.
Incorporated in December 2007 by reconstituting a partnership firm
as a private limited company, NIPL is a Class I contractor for NEFR
and constructs bridges and tunnels, undertakes earthwork, cuts
hills, and designs layout of railway tracks in Northeast India.
NETIZEN ENGINEERING: Insolvency Resolution Process Case Summary
---------------------------------------------------------------
Debtor: Netizen Engineering Private Limited
Manek Mahal, Flat No. 19 & 20, 6th Floor
90, Veer Nariman Road
Churchgate, Mumbai
Maharashtra 400020
Insolvency Commencement Date: January 18, 2022
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: July 17, 2022
Insolvency professional: Jagdish Ratanlal Ahuja
Interim Resolution
Professional: Jagdish Ratanlal Ahuja
JR Ahuja & Co
Company Secretaries
UG-329, Dreams Mall
LBS Road, Bhandup West
Mumbai 400078
E-mail: pcsjrahuja@gmail.com
- and -
JR Ahuja & Co
Company Secretaries
2C-1405, Dreams Complex
LBS Road, Bhandup West
Mumbai 400078
E-mail: cirpnetizen22@gmail.com
Last date for
submission of claims: February 4, 2022
NITHIN NUTRITIONS: Liquidation Process Case Summary
---------------------------------------------------
Debtor: M/s Nithin Nutritions Private Limited
18-3-60/C, Saisravanthi Kalyana
Mandapam, Khadi Colony
Tirupati Cuddapah
AP 517507
IN
Liquidation Commencement Date: January 5, 2022
Court: National Company Law Tribunal, Amaravathi Bench
Estimated date of closure of
insolvency resolution process: January 4, 2022
Insolvency professional: Kalpana G
Interim Resolution
Professional: Kalpana G
H.No. 16-11-19/4, G-1
Sri Laxmi Nilayam
Saleem Nagar Colony
Malakpet, Hyderabad
Telangana 500036
E-mail: kalpanagonugunta1@gmail.com
- and -
MSKM Group, 11th Floor
1209, Vasavi MPM Grand
Yellareddyguda Road
Ameerpet, Hyderabad 500038
E-mail: ipnithinnutritions@gmail.com
Last date for
submission of claims: February 4, 2022
NITHIN PROTEINS: Liquidation Process Case Summary
-------------------------------------------------
Debtor: M/s Nithin Proteins Private Limited
18-3-60/C, Road No. 2
Sri Hari Colony
Tirumala Bypass Road
Tirupati Cuddapah
AP 517507
IN
Liquidation Commencement Date: January 5, 2022
Court: National Company Law Tribunal, Amaravathi Bench
Estimated date of closure of
insolvency resolution process: January 4, 2022
Insolvency professional: Kalpana G
Interim Resolution
Professional: Kalpana G
H.No. 16-11-19/4, G-1
Sri Laxmi Nilayam
Saleem Nagar Colony
Malakpet, Hyderabad
Telangana 500036
E-mail: kalpanagonugunta1@gmail.com
- and -
MSKM Group, 11th Floor
1209, Vasavi MPM Grand
Yellareddyguda Road
Ameerpet, Hyderabad 500038
E-mail: ipnithinproteins@gmail.com
Last date for
submission of claims: February 4, 2022
OM MILK: CRISIL Keeps B Debt Rating in Not Cooperating Category
---------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Shree Om Milk
Foods Private Limited (SOMFPL) continues to be 'CRISIL B/Stable
Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Overdraft Facility 6 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SOMFPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SOMFPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on
SOMFPL is consistent with 'Assessing Information Adequacy Risk'.
Based on the last available information, the ratings on bank
facilities of SOMFPL continue to be 'CRISIL B/Stable Issuer Not
Cooperating'.
SOMFPL, incorporated in 2008 at Bikaner (Rajasthan) manufactures
and trades in milk and milk products such as ghee, curd, cheese,
and butter milk. Mr. Hanuman Prasad Sharma and Mr. Om Prakash
Sharma are the promoter.
OM RICE: CRISIL Keeps B+ Debt Ratings in Not Cooperating Category
-----------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Shree Om Rice
Mills - Mainpuri (SORM) continue to be 'CRISIL B+/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 4.50 CRISIL B+/Stable (Issuer Not
Cooperating)
Proposed Long Term 0.94 CRISIL B+/Stable (Issuer Not
Bank Loan Facility Cooperating)
Term Loan 1.06 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SORM for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SORM, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SORM
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SORM continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
SORM is a partnership firm set up in 1982 by Mr. Mahesh Chandra
Agnihotri and his brother, Mr. Ram Naresh Agnihotri. The firm
mills, processes and packages basmati and non-basmati rice. The
production facilities in Mainpuri, Uttar Pradesh, have a milling
and sorting capacity of around 3.4 tonnes per hour. Capacity
utilization averages 80%.
PANACEA MEDICAL: Ind-Ra Assigns BB+ Issuer Rating, Outlook Stable
-----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has assigned Panacea Medical
Technologies Private Limited (PMTPL) a Long-Term Issuer Rating of
'IND BB+'. The Outlook is Stable.
The instrument-wise rating actions are:
-- INR110 mil. Proposed fund-based working capital limits
assigned with IND BB+/Stable/IND A4+ rating;
-- INR150 mil. Proposed non-fund-based working capital limits
assigned with IND A4+ rating; and
-- INR80 mil. Proposed term loans assigned with IND BB+/Stable
rating.
KEY RATING DRIVERS
The rating reflects PMTPL's small scale of operations with revenue
of INR3,32.97 million in FY21 (FY20: INR125.37 million). The
increase in revenue was owing to the sale of 10 machines during the
year. The company sells 10-12 machines annually. As on 25 October
2021, PMPTL achieved revenue of INR242.35 million. For FY22, the
management expects to achieve revenue of INR563.84 million, driven
by an increase in capacity, utilization of new technology in
manufacturing equipment, and new product line coupled with an order
book of INR351.41 million as of mid-October 2021 to be executed
until March 31, 2022.
The ratings also reflect PMPTL's modest EBITDA margin of 32.33% in
FY21 (FY20: negative 26%) due to a dip in the personnel expenses to
23.85% (64.77%) coupled with a decrease in the administration
expenses due to a fall in the rent expenses as the company shifted
from rented premises to owned premises. The return on capital
employed was 8% in FY21 (FY20: negative 4%). As of October 25,
2021, PMPTL achieved margin of 26.99%. For FY22, Ind-Ra expects the
EBITDA margin to remain at the same level witnessed in the previous
years.
Liquidity Indicator - Stretched: PMPTL's average maximum
utilization of the fund-based working capital limits was 88.38% and
non-fund-based working capital limits was 71.52% during the 12
months ended December 2021. The cash flow from operations turned
positive to INR22.24 million in FY21 (FY20: negative INR12.29
million) owing to an increase in EBITDA. However, the free cash
flow was negative at INR48.06 million in FY21 (FY20: negative
INR240.78 million) due to an increase in research & development
during the year. The net working capital cycle have improved yet
remained elongated at 1,326 days in FY21 (FY20: 4,375 days) due to
a decrease in inventory days to 981 days (3,801 days) coupled with
a fall in receivable days at 373 days (634 days). The inventory
days are high as the lead time is 5.5 months and includes year-end
work-in-progress inventory. Receivables are high as it caters to
government institutions and hospitals, that receive delayed
payments from the governments, resulting in delayed payments to
PMTPL. The cash and cash equivalents stood at INR60.34 million at
FYE21 (FYE20: INR91.25 million). However, PMPTL does not have any
capital market exposure and relies on a single bank to meet its
funding requirements. It availed the COVID-19 relief debt
moratorium over March-August 2020. The unsecured loans from related
parties are subordinated to the bank debt. PMTPL has infused total
equity of INR3.6 million and INR71.4 million of share premium for
business purpose.
The ratings are supported by PMPTL's strong credit metrics,
supported by healthy EBITDA with the gross interest coverage
(operating EBITDA/gross interest expense) at 3.2x in FY21 (FY20:
negative 1.4x) and the net leverage (adjusted net debt/operating
EBITDA) at 3.1x (negative 14.7x). The improvement in credit metrics
in FY21was owing to an increase in absolute EBITDA at INR107.64
million in FY21 (negative INR32.60 million). As of October 25,
2021, its gross coverage was 4.21x. For FY22, Ind-Ra expects the
credit metrics to improve on back of term-loan repayments.
The ratings are further supported by PMPTL's promoters more than
two decades of experience in the radiotherapy equipment
manufacturing business. As per the management, the company is the
sole manufacturer of these capital-intensive equipment, which they
have patented. The company's products are part of the niche market
and has five competitors globally. PMPTL has received
certifications and accreditations such as ISO 13485:2016, ISO
45001:2018, ISO 27001, Import Export Code.
RATING SENSITIVITIES
Negative: Any decline in the revenue and EBITDA, leading to
deterioration in the credit metrics and liquidity position, would
be negative for the ratings.
Positive: A significant increase in the revenue and EBITDA with net
leverage sustaining below 3.5x and an improvement in liquidity
position, would be positive for the ratings.
COMPANY PROFILE
Incorporated in March 1999, PMTPL designs and develops equipment
for the use of diagnosis and treatment of cancer and allied
diseases. The radiotherapy equipment are capital intensive in
nature and sold to cancer institutes and hospitals. PMPTL has
developed a radiation therapy machine that has received regulatory
clearance including the USFDA. It also has a US patent for the
machine, enabling it to generate more revenue globally.
PRESTOGEM VEHICLES: CRISIL Keeps B Debt Rating in Not Cooperating
-----------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Prestogem
Vehicles Private Limited (PVPL) continues to be 'CRISIL B/Stable
Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Proposed Long Term 10 CRISIL B/Stable (Issuer Not
Bank Loan Facility Cooperating)
CRISIL Ratings has been consistently following up with PVPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of PVPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on PVPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
PVPL continue to be 'CRISIL B/Stable Issuer Not Cooperating'.
PVPL was established in February 2012, by Mr. Sunil Kumar Mittal
and Mr. Madhav Tukaram Khedekar. The company intends to set up a
three-wheeler assembly unit at MIDC Tembhurni, Maharashtra.
PROPER PRODUCTS: CRISIL Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Proper
Products Private Limited (PPPL) continue to be 'CRISIL B+/Stable
Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6 CRISIL B+/Stable (Issuer Not
Cooperating)
Overdraft Facility 2 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with PPPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of PPPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on PPPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
PPPL continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
Set up as a partnership firm in 1992, PPPL was reconstituted as a
company in 2009. Based in Ernakulam, Kerala, PPPL trades in iron
and steel products such as roofing sheets, galvanized iron sheets,
corrugated sheets, and steel coils. Its operations are managed by
promoters, Mr. Mahesh Kumar Mintri, Mr. Suresh Kumar Mintri, and
Mr. Prakash Kumar Chaudhary.
RAMANASREE CONSUMER: Liquidation Process Case Summary
-----------------------------------------------------
Debtor: M/s Ramanasree Conusmer Products Private Limited
18-3-60/C, Road No. 2
Sri Hari Colony
Tirumala Bypass Road
Tirupati AP 517507
IN
Liquidation Commencement Date: January 5, 2022
Court: National Company Law Tribunal, Amaravathi Bench
Estimated date of closure of
insolvency resolution process: January 4, 2022
Insolvency professional: Kalpana G
Interim Resolution
Professional: Kalpana G
H.No. 16-11-19/4, G-1
Sri Laxmi Nilayam
Saleem Nagar Colony
Malakpet, Hyderabad
Telangana 500036
E-mail: kalpanagonugunta1@gmail.com
- and -
MSKM Group, 11th Floor
1209, Vasavi MPM Grand
Yellareddyguda Road
Ameerpet, Hyderabad 500038
E-mail: ipramanalogis@gmail.com
Last date for
submission of claims: February 4, 2022
RAMANJANEYA RAW: CRISIL Keeps B Debt Ratings in Not Cooperating
---------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Sri
Ramanjaneya Raw and Boiled Rice Mill (SRRB) continue to be 'CRISIL
B/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 16 CRISIL B/Stable (Issuer Not
Cooperating)
Proposed Long Term
Bank Loan Facility 5.5 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SRRB for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SRRB, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SRRB
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SRRB continue to be 'CRISIL B/Stable Issuer Not Cooperating'.
Set up in 2004 as a partnership firm, SRBR mills and processes
paddy into rice, rice bran, broken rice, and husk.
RAMPRASAD SKYSCRAPERS: CRISIL Keeps B+ Rating in Not Cooperating
----------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Sri Ramprasad
Skyscrapers Private Limited (SRSPL) continues to be 'CRISIL
B+/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Term Loan 20 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SRSPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SRSPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SRSPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SRSPL continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
Incorporated in 2006, SRSPL owns a multiplex in Bhimavaram (Andhra
Pradesh). The multiplex comprises a G+3 structure and a standalone
complex at the entrance.
SARDAR SOLVEX: CRISIL Keeps B+ Debt Rating in Not Cooperating
-------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Sardar Solvex
Private Limited (SSPL) continues to be 'CRISIL B+/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SSPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SSPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SSPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SSPL continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
SSPL, incorporated in 2004, manufactures rice bran oil and de-oiled
cake in its facilities in Nabha, Punjab. Mr. Surinder Garg, Mr.
Hari Dyal and Mr. Karambir Garg are the promoters.
SATPURA FOODS: CRISIL Keeps B+ Debt Rating in Not Cooperating
-------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Satpura Foods
Private Limited (SFPL) continues to be 'CRISIL B+/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 8 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SFPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SFPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SFPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SFPL continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
SFPL was set up in May 2008, by the promoter, Mr. Ankur Rai at
Piparaiya, Madhya Pradesh, and commercial production began in
2014.The company manufactures and processes rice and related
products, and has an installed capacity of 4 tonnes per hour. It
processes varieties of basmati rice under the brand White Lilly,
and sells 75% of its output to the Food Corporation of India (FCI;
rated 'CRISIL AAA (SO/Stable)') and the rest to
traders/wholesalers/merchant exporters, across the country, mainly
in North India.
SEETA SHREE: CRISIL Keeps B+ Debt Rating in Not Cooperating
-----------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Seeta Shree
Logistics and Innovation (SSLI) continues to be 'CRISIL B+/Stable
Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Long Term Loan 9.59 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SSLI for
obtaining information through letters and emails dated October 16,
2021 and December 04, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SSLI, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SSLI
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SSLI continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
SSLI is a partnership firm formed on April 30, 2015 and owns land
and industrial shed that it has leased to Suzlon. The firm's
partners are primarily involved in the real estate industry through
group entities.
SEETHARAMA COTTON: CRISIL Keeps B+ Debt Rating in Not Cooperating
-----------------------------------------------------------------
CRISIL Ratings said the rating on bank facilities of Seetharama
Cotton Industries (SCI) continues to be 'CRISIL B+/Stable Issuer
Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6.0 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with SCI for
obtaining information through letters and emails dated October 16,
2021 and December 04, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SCI, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SCI
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SCI continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
SCI was set up in 2008 as a partnership firm by Ms Mukka Srilaxmi,
Mr. Garrepalli Karthik, Mr. Kamishetty Prakash, Ms Ponaganti
Kalyani, Ms Vollala Aruna, and Ms Vollala Anjali Devi. It gins and
presses cotton.
SHIV MFG PIPES: Liquidation Process Case Summary
------------------------------------------------
Debtor: Shiv Mfg. Pipes Private Limited
Shop 4, 'Dharti Height'
Plot 28, Sec 21
Navi Mumbai/Kamothe
Navi Mumbai, Mumbai
Maharashtra 410209
Liquidation Commencement Date: November 24, 2021
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: November 23, 2021
Insolvency professional: Mr. Sandeep D. Maheshwari
Interim Resolution
Professional: Mr. Sandeep D. Maheshwari
1, Shree Ram Laxmi Niwas CHS
Near Anthony Bakery
Kolbad, Thane
Maharashtra 400601
E-mail: ayunish@yahoo.com
sandeep@stresscredit.com
Last date for
submission of claims: February 21, 2022
SHIVASHAKTI SUGARS: Ind-Ra Affirms BB+ Long-Term Issuer Rating
--------------------------------------------------------------
India Ratings and Research (Ind-Ra) has revised Shivashakti Sugars
Limited's (SSL) Outlook to Stable from Negative, while affirming
its Long-Term Issuer Rating at 'IND BB+'.
The instrument-wise rating actions are:
-- INR2.30 bil. Fund-based limits Outlook revised to Stable from
Negative; affirmed with IND BB+/Stable rating; and
-- INR200 mil. Term loan due on February 2030 Outlook revised to
Stable from Negative; affirmed with IND BB+/Stable rating.
The Outlook revision reflects the easing of SSL's stressed
liquidity position following the receipt of a government subsidy to
the extent of INR426 million in August 2021 that is aiding its high
repayment and interest obligations during FY22. The Outlook
revision also reflects the likely improvement in the company's
scale of operations and its ability to meet its debt obligation
using internal accruals in FY22 and FY23.
KEY RATING DRIVERS
Liquidity Indicator – Stretched: SSL's maximum average use of the
fund-based limits was 70% over the 12 months ended December 2021.
The company had an elongated net working capital cycle of 210 days
in FY21 (FY20: 172 days) because of the high inventory that it
needs to maintain during the crushing season. Its cash and cash
equivalents stood at INR74.2 million at FYE20 (FYE20 INR37.2
million). SSL has high scheduled debt repayments of INR472.5
million in FY22, which Ind-Ra expects to be tightly matched with
cash accrual. However, with the receipt of the government subsidy,
the company's liquidity has eased out in FY22. Furthermore, the
company has a debt repayment of INR236.9 million in FY23, lower
than FY22 levels, which will be met out of the internal accruals.
The ratings continue to be constrained by SSL's weak credit
metrics, owing to the company's high debt levels of INR6,713.4
million in FY21 (FY20: INR5,205.1 million), resulting from the
debt-funded capex undertaken by it in the preceding years, coupled
with unsecured loans borrowed to meet the high working capital
requirement. SSL's EBITDA interest coverage (operating EBITDA/gross
interest expense) remained weak at 1.3x in FY21 (FY20: 1.4x) while
the net leverage (adjusted net debt/operating EBITDA) improved to
8.4x (9.2x) on account of higher EBITDA. Ind-Ra expects the credit
metrics to remain weak in FY22, owing to the high debt levels.
The ratings continue to reflect SSL's modest EBITDA margins of
18.1% in FY20 (FY20: 14.4%) with a return on capital employed of 9%
(8%). The rise in the margins in FY21 was attributed to an increase
in the sales realization, coupled with higher subsidy received
against exports. Ind-Ra expects the margins to remain lower than
FY21 in FY22, due to lower exports and higher fair and remunerative
price payable leading to increased cane prices.
The ratings also factor in SSL's continued medium scale of
operations. The revenue declined to INR4,002.7 million in FY21
(FY20: INR4,261.5 million) due to lower demand, resulting from the
COVID-19-led disruptions. The company achieved a revenue of
INR4,470 million during 9MFY22 and Ind-Ra expects the revenue to be
higher on a yoy basis in FY22 due to higher production, demand and
realization.
However, the ratings are supported by the promoters' experience of
more than two decades in the sugar industry.
RATING SENSITIVITIES
Positive: An improvement in the overall liquidity position, an
increase in the revenue and profitability, resulting in the
interest coverage increasing above 2x, on a sustained basis, could
lead to a positive rating action
Negative: Any significant decline in the revenue or profitability
or any unplanned debt-led capex, leading to a further stretch in
liquidity position or any deterioration in credit metrics could
result in a negative rating action.
COMPANY PROFILE
SSL was incorporated in 1995 by Dr. Prabhakar B Kore, who has more
than two decades of experience in the sugar industry. The company
has a sugar unit with a crushing capacity of 10,000 tons of canes
per day and a 37MW cogeneration plant.
SKILWORTH TECHNOLOGIES: CRISIL Cuts Rating on INR10cr Loan to B
---------------------------------------------------------------
CRISIL Ratings has revised the ratings on bank facilities of
Skilworth Technologies Private Limited (STPL) to 'CRISIL B/Stable
Issuer Not Cooperating' from 'CRISIL BB+/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Proposed Long Term 10 CRISIL B/Stable (ISSUER NOT
Bank Loan Facility COOPERATING; Revised from
'CRISIL BB+/Stable ISSUER
NOT COOPERATING*')
CRISIL Ratings has been consistently following up with STPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of STPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on STPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
STPL Revised to 'CRISIL B/Stable Issuer Not Cooperating' from
'CRISIL BB+/Stable Issuer Not Cooperating'.
STPL, incorporated in 2007, and based in Chennai, is a subsidiary
of Singapore-based Bijlipay Asia Pte Ltd. The company is a merchant
aggregator and provides mobile point of sale payment solutions to
its customers located across India.
SMART CARD: Insolvency Resolution Process Case Summary
------------------------------------------------------
Debtor: Smart Card IT Solutions Limited
GAT 837/2
Pune Nagar Road
Village Sanaswadi Shirur
Maharashtra 412208
Insolvency Commencement Date: January 20, 2022
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: July 19, 2022
Insolvency professional: Ms. Sudha Bhushan
Interim Resolution
Professional: Ms. Sudha Bhushan
701, B Wing
Julian Alps, Bhakti Park
Near Imax, Wadala
Mumbai 400037
Maharashtra
E-mail: sudhag999@gmail.com
- and -
725, D Wing
Neelkanth Business Park
Vidya Vihar West
Mumbai 400086
E-mail: smartcard.cirp@gmail.com
Last date for
submission of claims: February 7, 2022
STEEL AND METAL: Ind-Ra Affirms BB+ Issuer Rating, Outlook Stable
-----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has affirmed Steel and Metal
Tubes (India) Private Limited's (SMT) Long-Term Issuer Rating at
'IND BB+'. The Outlook is Stable.
The instrument-wise rating actions are:
-- INR160 mil. (increased from INR130 mil.) Fund-based limit
affirmed with IND BB+/Stable/IND A4+ rating; and
-- INR180 mil. Non-fund-based limit affirmed with IND A4+ rating.
KEY RATING DRIVERS
The affirmation reflects SMT's continued medium scale of operations
with a marginal improvement in the revenue to INR1,183.71 million
in FY21 (FY20: INR1,118.11 million) attributable to an increase in
sales realizations. The company achieved net sales of INR1,275
million till November 2021. Ind-Ra expects the revenue to improve
further in FY22, owing to the increase in realizations.
The ratings also factor in SMT's continued modest EBITDA margins of
2.94% in FY21 (FY20: 3.01%) with a return on capital employed of
12.2% ( 9.7%). The decline in margins was driven by unfavorable
movement in raw material prices. Ind-Ra expects the EBITDA margins
to remain at similar levels in FY22.
The ratings also continue to reflect SMT's moderate credit metrics.
The interest coverage (operating EBITDA/gross interest expense)
improved to 3.04x in FY21 (FY20: 2.26x) and the net leverage (total
adjusted net debt/operating EBITDAR) to 1.33x (3.04x) on account of
a decrease in the total debt to INR46.40 million (INR109.56
million) and an improvement in the absolute EBITDA to INR34.75
million (INR33.67 million). Ind-Ra expects the credit metrics to
improve, although remain modest, in FY22, owing to scheduled
repayment of loans.
Liquidity Indicator - Stretched: SMT's average use of the
fund-based limits stood at 58.81% for the 12 months ended December
2021. The company enhanced its fund-based working capital limits in
FY22 to INR160 million from INR130 million to avoid risk of
disruptions in production resulting from the raw material price
volatility. The cash flow from operations improved to INR68.48
million in FY21 (FY20: INR52.17 million) on account of an
improvement in receivables to INR134.42 million (INR139.64
million). The cash and cash equivalents declined to INR0.11 million
at FYE21 (FYE20: INR7.06 million). However, SMT availed a working
capital term loan of INR13.10 million in FY21 and an extension of
INR6.50 million in FY22 under the guaranteed emergency credit line.
It also availed a working capital demand loan of INR13 million in
FY21. The working capital cycle improved to 22 days in FY21 (FY20:
38 days) owing to a decline in payable period. The company
maintains a high inventory, owing to volatility in hot-rolled coil
prices. In the normal course of business, SMT provides a credit
period of around one month to its customers and receives the same
from its suppliers.
However, the ratings remain supported by the promoters'
three-decade-long experience in the iron and steel industry.
RATING SENSITIVITIES
Negative: A significant decline in the scale of operations, leading
to deterioration in the credit metrics and liquidity position,
resulting in the interest coverage reducing below 2.0x on a
sustained basis, will be negative for the ratings.
Positive: A substantial growth in the revenue, along with an
improvement in the operating EBITDA margins, leading to an
improvement in the credit metrics and liquidity position, both on
a sustained basis, will be positive for the ratings.
COMPANY PROFILE
Incorporated in 1971 as a private limited company, SMT was
reconstituted as a deemed limited company in July 1984. The company
manufactures electric resistance welded pipes and tubes. It has a
50,000-ton per annum manufacturing plant in Ghaziabad, Uttar
Pradesh.
SUPREME ENTERTAINMENTS: CRISIL Cuts Rating on INR6.5cr Loan to B
----------------------------------------------------------------
CRISIL Ratings has revised the ratings on bank facilities of
Supreme Entertainments (India) Private Limited (SEIPL) to 'CRISIL
B/Stable Issuer Not Cooperating' from 'CRISIL BB-/Stable Issuer Not
Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 6.5 CRISIL B/Stable (ISSUER NOT
COOPERATING; Revised from
'CRISIL BB-/Stable ISSUER NOT
COOPERATING')
CRISIL Ratings has been consistently following up with SEIPL for
obtaining information through letters and emails dated October 16,
2021 and December 04, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SEIPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SEIPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SEIPL Revised to 'CRISIL B/Stable Issuer Not Cooperating' from
'CRISIL BB-/Stable Issuer Not Cooperating'.
Incorporated in 1994, SEIPL is an authorized distributor for Vivo
mobiles in Telangana. It also distributes Chinese mobiles in the
state. Mr. Raju Hirani and Seema Harwani are the key promoters.
SWOSTI PREMIUM: Ind-Ra Assigns BB- Loan Rating, Outlook Stable
--------------------------------------------------------------
India Ratings and Research (Ind-Ra) has taken the following rating
actions on Swosti Premium Ltd (SPL):
-- Long-Term Issuer Rating affirmed with 'IND BB-'/Stable rating;
-- INR1.10 bil. Proposed term loan assigned with IND BB-/Stable
rating;
-- INR917.98 mil. Term loan due on March 2025 affirmed with
IND BB-/Stable rating; and
-- INR10 mil. Fund-based working capital limit affirmed with IND
BB-/Stable rating.
KEY RATING DRIVERS
SPL's revenue declined sharply to INR150.67 million in FY21 (FY20:
INR446.28 million), as its hotels were not operational during the
COVID-19-led nationwide lockdown over March-October 2020. The
average occupancy levels of SPL's hotel business plummeted to
19.62% in FY21 (FY20: 51.07%). The scale of operations remained
small. During 3QFY22, SPL booked a revenue of INR224.8 million,
with an average occupancy of 35%. In FY22, Ind-Ra expects the
revenue to rise yoy, due to the easing of pandemic-related
restrictions and the rising demand for the tourism industry.
SIPL's credit metrics deteriorated in FY21 due to the decline in
the absolute EBIDTA to INR28.20 million (FY20: INR142.60 million)
and the increase in debt to INR723.43 million (INR633.28 million),
resulting from higher working capital requirements. The interest
coverage (operating EBITDA/gross interest expenses) was 0.85x in
FY21 (FY20: 2.41x) and the net leverage (adjusted net
debt/operating EBITDAR) was 19.71x (3.82x). In FY22, Ind-Ra expects
the credit metrics to improve due to a likely increase in the
absolute EBIDTA.
The ratings reflect SPL's modest EBITDA margins. COVID-19-led
disruption had a severe impact on the company's performance, as the
EBITDA margins fell to 18.72% in FY21 (FY20: 31.95%). At the net
level (post the deduction of finance costs and depreciation), the
entity suffered a loss of INR54.18 million in FY21. The return on
capital employed was negative in FY21 (FY20: 3.4%). In FY22, the
management expects the EBITDA margin to remain stable as the
operations are unlikely to see any significant changes.
Liquidity Indicator - Stretched : SPL's average maximum utilization
of the fund-based limits was 60% during the 12 months ended
December 2021. The cash flow from operations turned negative at
INR36.28 million in FY21 (FY20: INR37.92 million) due to lower
EBITDA. The free cash flow turned negative at INR47.74 million in
FY21 (FY20: INR0.98 million). The net working capital cycle
elongated to 296 days in FY21 (FY20: 53 days) as a result of an
increase in inventory holding period (FY21: 384 days; FY20: 78
days). The cash and cash equivalents stood at INR167.49 million at
FYE21 (FYE20: INR87.89 million). SPL does not have any capital
market exposure and relies on banks and financial institutions to
meet its funding requirements. It had availed the Reserve Bank of
India-prescribed moratorium over March-August 2020. Furthermore, it
had applied for the re-structuring of its term loan in November
2020, which was sanctioned in March 2021.
SPIL is also launching a project to build a 5-star category beach
resort hotel at Mauja Sipasurubuli, Puri Sadar, Puri, Odisha in a
total area of 8,170 sq.mt. (about 2.02 acres). The total cost of
the project is INR1,534 million, of which INR1,100 million will be
funded through a term loan from a bank and the remaining through
equity infusion and internal accruals. SPIL will have a moratorium
of three years for interest and principal repayment of term loan
from bank which will be repaid over 10 years in quarterly
installments. The commercial operation is likely to commence in
1QFY26. The project will consist of 116 luxury suites, five premium
executive rooms and three presidential suites, lobby & lounge,
restaurant, bar, coffee shop, banquet halls & conference halls,
three lawns designed for large gatherings, health club/spa, shops,
rooftop swimming pool. It is a ground plus 10 storied building
project.
The ratings are supported by the promoters' experience of nearly
three decades in the hotel and tourism industry.
RATING SENSITIVITIES
Negative: A negative rating action could result from:
-- any cost and time overrun of the project or
higher-than-expected debt funded capex plan, affecting the debt
serviceability capability of the company, and/or further stress on
the liquidity position could be negative for the ratings.
-- weaker-than-expected operating performance in the current
operational hotel, leading to deterioration in the overall credit
metrics and/or further pressure on the liquidity position, could
lead to a negative rating action.
Positive: Better-than-expected credit profile with the net leverage
declining below 4.5x and an improvement in the liquidity profile,
all on a sustained basis, could lead to a positive rating action.
COMPANY PROFILE
SPL was incorporated as a public limited company in 1997 and
commenced operations in 2000. The company operates a five-star
hotel named Swosti Premium, which has with 147 rooms, in
Bhubaneswar. It also operates a resort by the name of Swosti
Chilika Resort by the Chilika lake in Odisha. SPL is also venturing
into a new project to build a 5-star rated beach resort at Mauja
Sipasurubuli, Puri with a total capacity of 124 guest rooms and
other leisure facilities.
TECHNO UNIQUE: Insolvency Resolution Process Case Summary
---------------------------------------------------------
Debtor: M/s Techno Unique Infratech Pvt Ltd
HIG-30, Phase-5
KPHB Colony
Hyderabad 500072
Insolvency Commencement Date: December 3, 2021
Court: National Company Law Tribunal, Hyderabad Bench
Estimated date of closure of
insolvency resolution process: June 1, 2022
Insolvency professional: Medi Yadaiah
Interim Resolution
Professional: Medi Yadaiah
H.no. 8-16-30/2
Sowbhagyanagar Colony
SBH Venture-3, LB Nagar
Hyderabad 500074
TG
E-mail: yadmedi@gmail.com
Last date for
submission of claims: December 31, 2021
VARALAKSHMI MOTORS: CRISIL Keeps B+ Ratings in Not Cooperating
--------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Sri
Varalakshmi Motors Private Limited (SVMPL) continue to be 'CRISIL
B+/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 5.00 CRISIL B+/Stable (Issuer Not
Cooperating)
Proposed Long Term 0.25 CRISIL B+/Stable (Issuer Not
Bank Loan Facility Cooperating)
Proposed Long Term 0.25 CRISIL B+/Stable (Issuer Not
Bank Loan Facility Cooperating)
CRISIL Ratings has been consistently following up with SVMPL for
obtaining information through letters and emails dated October 16,
2021 and December 21, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of SVMPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on SVMPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
SVMPL continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
Incorporated in 2005, SVMPL is an authorized dealer for
two-wheelers of HML in Vizianagaram district of Andhra Pradesh. The
company is promoted by Mr. N Sairam Venkata Reddy and his family.
VIKAS COTEX: CRISIL Keeps B+ Debt Ratings in Not Cooperating
------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Vikas Cotex
continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 12.35 CRISIL B+/Stable (Issuer Not
Cooperating)
Proposed Long Term
Bank Loan Facility 2.18 CRISIL B+/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with Vikas for
obtaining information through letters and emails dated October 16,
2021 and December 28, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of Vikas, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on Vikas
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
Vikas continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.
Set up in 2013, Vikas a proprietorship concern of Mr. Mathakiya,
gins and presses raw cotton and sells lint cotton and cotton seeds.
The manufacturing unit, at Lalpar, Gujarat, commenced operations in
February 2014.
VITSON STEEL: CRISIL Keeps B Debt Ratings in Not Cooperating
------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Vitson Steel
Corp Private Limited (VSCPL) continue to be 'CRISIL B/Stable Issuer
Not Cooperating'.
Amount
Facilities (INR Crore) Ratings
---------- ----------- -------
Cash Credit 26.5 CRISIL B/Stable (Issuer Not
Cooperating)
Channel Financing 10 CRISIL B/Stable (Issuer Not
Cooperating)
CRISIL Ratings has been consistently following up with VSCPL for
obtaining information through letters and emails dated October 16,
2021 and December 4, 2021 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.
'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward-looking component.'
Detailed Rationale
Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of VSCPL, which restricts CRISIL
Ratings' ability to take a forward-looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on VSCPL
is consistent with 'Assessing Information Adequacy Risk'. Based on
the last available information, the ratings on bank facilities of
VSCPL continue to be 'CRISIL B/Stable Issuer Not Cooperating'.
Incorporated in 2012 and promoted by Cochin-based Prabhu family,
VSCPL is an authorized distributor in Kerala for JSW.
=========
J A P A N
=========
MARUI GROUP: Egan-Jones Keeps BB Senior Unsecured Ratings
---------------------------------------------------------
Egan-Jones Ratings Company on January 10, 2022, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by Marui Group Co Ltd.
Headquartered in Tokyo, Japan, Marui Group Co., Ltd. provides
retailing and credit card services.
===============
M A L A Y S I A
===============
AIRASIA GROUP: Renamed Capital A; Diversified Into Non-Airline Biz
------------------------------------------------------------------
theedgemarkets.com reports that AirAsia Group Bhd has been renamed
to Capital A Bhd to reflect the group's new business strategy as an
investment holding group for not only its aviation business but
also its logistics, lifestyle and financial services ventures,
according to its chief executive officer (CEO) Tan Sri Tony
Fernandes.
At Capital A's event to unveil the new corporate identity on Jan.
28, Mr. Fernandes said the name change is not just about unveiling
a new logo but a significant milestone that marks a new era for the
investing holding group, which reinforces that the group is not
just an airline anymore, the report says.
This comes after the group received almost 93% approval from its
shareholders at its extraordinary general meeting on Thursday (Jan.
27) to change its name from AirAsia to Capital A.
According to the report, Mr. Fernandes said that the group aims to
achieve 50% of its revenue from its non-airline business by 2026
and it plans to focus exclusively on the ASEAN region with a 700
million population and strong growth prospects in the future.
Capital A's CEO added that by 2026, it aims to achieve the
following in the ASEAN region: its airlines connecting over one
billion passengers; its engineering division, Asia Digital
Engineering, to be the market leader in maintenance, repair and
overhaul; airasia super app to be the app of choice, 10 million
monthly active users for BigPay; 10% market share in Southeast Asia
for Teleport, in the logistics and e-commerce industry; five
million sign-ups for edutech arm AirAsia Academy; and over 21
million monthly orders on airasia grocer.
Meanwhile, Mr. Fernandes also revealed that Capital A's long-haul
affiliate, AirAsia X Bhd (AAX), is planning to launch flights to
London and New York in the near future, the report relates. AAX
stopped flying to London in 2012 owing to record-high fuel costs
and soaring taxes.
theedgemarkets.com adds that Mr. Fernandes said that the group is
unfazed by the entries of two new airlines, namely SKS Airways and
MYAirlines, which were approved in December 2021.
"We do not see the new airlines as an issue unlike some who try to
block or talk about overcapacity, because our goal has always been
to become the best in everything that we do, so no, competition
does not affect us in any way," Mr. Fernandes remarked.
Fielding questions from the media on its Practice Note 17 (PN17)
status and how it would affect its liquidity, Mr. Fernandes said
that the classification is merely an "accounting issue" and does
not affect its liquidity by pointing to the MYR2.5 billion it
managed to raise in 2021, theedgemarkets.com relays.
"I mean, if you look at the PN17 classification, it is purely
accounting and in fact, the solution has nothing to do with
liquidity.
"That is why I have spoken with Bursa to relook at the rules and
clarify the definition of what constitutes PN17, because it is not
really clear to the layman.
"PN17 has zero effects on us. We have technically been PN17 for the
last two years but for the relief measures.
"We raised CNY2.5 billion [in 2021] and we are raising another RM1
billion of capital soon. PN17 was imposed because we did not pay
the leasing costs which appear on the profit and loss (P&L)
statement.
"By accounting the restructuring, a merger deficit of RM5 billion
has been recorded on the P&L. If we take these two things out, we
would not be PN17 as the solution to PN17 is accounting as well,
because the group has more than enough liquidity.
"We are very focused on growing and adding value. We will continue
to do so," Mr. Fernandes, as cited by theedgemarkets.com,
highlighted.
When asked by theedgemarkets.com on how the group plans to unlock
values from its digital businesses as it currently suffers from the
"conglomerate discount", which rates investment holding companies
with diversified businesses at a lower valuation, Mr. Fernandes
responded by saying Capital A is still undergoing an evolution from
an airline to an investment holding company with diversified
businesses in logistics, lifestyle and financial services.
He added that any talks of exit in the form of an initial public
offering of its digital business is premature and the group will
announce it in due time.
"Changes are not going to happen overnight. We will just wait and
see. The market will have to decide whether there is value in what
we are doing," Mr. Fernandes added.
Meanwhile, Mr. Fernandes said that the high oil prices will not
affect its airline business as the group has pricing power owing to
pent-up demand for travel after two years of movement restrictions
due to the pandemic, theedgemarkets.com relays.
"Last time I checked, every airline is affected by oil prices, but
we do have pricing power in that we have the capacity and we can
charge higher but the demand is still there.
"Oil right now is a little bit frothy and it will come back. Crack
prices are still manageable, so it is not a big issue for us right
now. But oil prices still affect everybody, so that is one good
thing for us," Mr. Fernandes added.
About AirAsia
AirAsia Berhad provides low-cost air carrier service. The company
provides services on short-haul, point-to-point domestic and
international routes. AirAsia, headquartered in Malaysia, operates
from hubs in Malaysia, Thailand, Indonesia, Philippines and India.
The airline's Malaysia and Thailand operations are undertaken via
AirAsia Bhd and Thai AirAsia Co Ltd while AirAsia Group's Indonesia
and Philippines operations are managed under PT Indonesia AirAsia
and Philippines AirAsia Inc.
As reported in the Troubled Company Reporter-Asia Pacific on Jan.
18, 2022, AirAsia Group Bhd (AAGB) is in the midst of formulating a
plan to regularize its financial condition to address its Practice
Note 17 (PN17) status. According to The Star, Bursa Malaysia on
Jan. 13 dismissed AAGB's appeal seeking to extend an 18-month
relief period from being classified as a PN17 company that ended on
Jan. 7, 2022.
AirAsia triggered the PN17 suspended criteria in July 2020 after
its external auditors, Ernst & Young PLT, issued an unqualified
audit opinion with material uncertainty relating to going concern
in respect of its audited financial statements for the financial
year ended Dec. 31, 2019 (FY19) and its shareholders' equity on a
consolidated basis was 50% or less of its share capital.
AirAsia also triggered the prescribed criteria pursuant to
Paragraph 8.04 and Paragraph 2.1(a) of PN17 of Bursa's Main Market
Listing Requirements (Main LR), where AirAsia's shareholders'
equity on a consolidated basis was 25% or less of its share capital
and the shareholders' equity is less than MYR40 million based on
the audited financial statements for FY20.
Following relief measures introduced by Bursa and the Securities
Commission Malaysia, AirAsia was not classified as a PN17 listed
issuer and was not required to comply with the obligations under
Paragraph 8.04 and PN17 of the Main LR for a period of 18 months
from the date of the first relief announcement, theedgemarkets.com
said. The date of the first relief announcement was July 8, 2020,
and the 18-month period ended on Jan. 7, 2022. Under the relief
measures, companies that triggered any of the suspended criteria
between April 17, 2020 and June 30, 2021, would not be classified
as a PN17 and Guidance Note 3 (GN3) company for 12 months.
TOP BUILDERS: Classified as PN17 Company
----------------------------------------
theedgemarkets.com reports that Top Builders Capital Bhd - formerly
known as Ikhmas Jaya Group Bhd - has been classified as a Practice
Note 17 (PN17) company after Bursa Malaysia Securities Bhd rejected
the company's application for a six-month extension of the relief
period.
In a filing with the local bourse on Jan. 28, the engineering and
construction services company said it submitted on Dec. 28, 2021,
an application for the extension from Dec. 29, 2021 to June 28,
2022, which Bursa Securities rejected, the report relays.
As such, it continues to trigger the PN17 criteria of the Main
Market Listing Requirements (MMLR).
"[The company] is now classified as a PN17 listed issuer of which
the requirements under PN17 of the MMLR shall apply to Top Builders
with effect from Dec 30, 2021," it added.
It said it is now in the midst of formulating a plan to regularise
its financial condition, and that relevant announcements on that
will be made in due course, theedgemarkets.com relays.
An announcement on Top Builder triggering the PN17 criteria was
also made by Bursa.
"Bursa Securities would like to emphasise that it will continue to
monitor the progress of Top Builders in respect of its compliance
with the Main Market Listing Requirements," it said in a
statement.
As at Jan. 28, there are 26 companies under PN17 and Guidance Note
No 3 (GN3), which represent 2.87% of the 907 companies listed on
the Main and ACE Markets, it added.
Top Builder first triggered the PN17 criteria in June, 2020. Known
as Ikhmas Jaya at the time, its external auditor Messrs KPMG PLT
raised doubt about the company's ability to continue as a going
concern, as the loss-making company's current liabilities had
exceeded its current assets by RM21.6 million. At the same time,
its shareholders' equity on a consolidated basis was 25% or less of
the share capital (excluding treasury shares), and such
shareholders' equity was less than RM40 million.
But thanks to the relief measures introduced by Bursa and the
Securities Commission Malaysia, Ikhmas Jaya was not classified as a
PN17 listed issuer for a period of 18 months, the report states.
Top Builders Capital Berhad specializes in engineering and
construction services. The Company designs, engineers, and
constructs piling and foundation, bridges, and buildings.
=====================
N E W Z E A L A N D
=====================
HUNTINGDONSHIRE HOLDINGS: Court to Hear Wind-Up Petition on Feb. 4
------------------------------------------------------------------
A petition to wind up the operations of Huntingdonshire Holdings
Limited will be heard before the High Court at Dunedin on Feb. 4,
2022, at 10:00 a.m.
Compass Homes Limited filed the petition against the company on
Nov. 11, 2021.
The Petitioner's solicitors are:
Shima Grice
Sharp Tudhope
Level 4, 152 Devonport Road
Tauranga
LAUNDRY TODAY: Court to Hear Wind-Up Petition on March 10
---------------------------------------------------------
A petition to wind up the operations of Laundry Today Or Naked
Tomorrow Holding Co Limited will be heard before the High Court at
Christchurch on March 10, 2022, at 10:00 a.m.
Murray Alexander Swanson filed the petition against the company on
Dec. 20, 2021.
The Petitioner's solicitors are:
Duncan John Anderson
Mactodd Lawyers
3rd Floor, 11–17 Church Street
Queenstown 9300
LITTLE RIVER: Court to Hear Wind-Up Petition on Feb. 10
-------------------------------------------------------
A petition to wind up the operations of Little River Garage Limited
will be heard before the High Court at Christchurch on Feb. 10,
2022, at 10:00 a.m.
IAG New Zealand Limited filed the petition against the company on
Nov. 22, 2021.
The Petitioner's solicitors are:
HC Legal Limited
Level 1, 19 Mauranui Avenue
Newmarket, Auckland
LONE GOAT: Creditors' Proofs of Debt Due March 10
-------------------------------------------------
Creditors of Lone Goat Vineyard Limited, which is in voluntary
liquidation, are required to file their proofs of debt by March 10,
2022, to be included in the company's dividend distribution.
The company commenced wind-up proceedings on Jan. 27, 2022.
The company's liquidator is:
Tony Maginness
Baker Tilly Staples Rodway Auckland Limited
PO Box 3899, Auckland 1140
=====================
P H I L I P P I N E S
=====================
MASANTOL RURAL: PDIC Sets Feb. 27 as Deadline for Filing Claims
---------------------------------------------------------------
Creditors of the closed Masantol Rural Bank, Inc. have until
February 27, 2022 to file their claims against the bank's assets.
Claims filed after said date shall be disallowed. Creditors refer
to any individual or entity with a valid claim against the assets
of the closed Masantol Rural Bank, Inc. and include depositors with
uninsured deposits that exceed the maximum deposit insurance
coverage (MDIC) of PHP500,000.
The Philippine Deposit Insurance Corporation (PDIC) said that
creditors may file their claims through any of the following:
1. Online through e-mail at masantol-pad@pdic.gov.ph;
2. Through mail addressed to the PDIC Public Assistance
Department, 3rd Floor, SSS Bldg., 6782 Ayala Avenue corner V.A.
Rufino St., Makati City 1226. Claims filed by mail must have a
postmark dated not later than February 27, 2022; or
3. Personal filing on an appointment basis only at the PDIC Public
Assistance Center located at the 3rd Floor, SSS Bldg., 6782 Ayala
Avenue corner V.A. Rufino St., Makati City, Monday to Friday, 8:00
AM to 5:00 PM. Appointments may be requested through the Public
Assistance Hotline at (02) 8841-4141 or at Toll Free number
1-800-1-888-7342 or 1-800-1-888-PDIC, by sending an e-mail request
to masantol-pad@pdic.gov.ph, or by sending a request through
private message at PDIC’s official Facebook page at
www.facebook.com/OfficialPDIC. The prescribed Claim Form against
the assets of the closed bank may be downloaded from the PDIC
website at
http://www.pdic.gov.ph/files/Claim_Form_Against_Assets_of_Closed_Banks.pdf.
PDIC reminds creditors to transact only with authorized PDIC
personnel.
Claims filed after February 27, 2022 shall be disallowed. PDIC, as
Receiver, shall notify creditors of denial of claims through mail.
Claims denied or disallowed by the PDIC may be filed with the
liquidation court within 60 days from receipt of final notice of
denial of claim or within 20 days from date of publication of the
Order setting the Petition for Assistance in the Liquidation
Proceeding for initial hearing, whichever is later.
In addition, PDIC said that depositors with account balances of
more than the maximum deposit insurance coverage (MDIC) of
PHP500,000 who have already filed claims for the insured portion of
their deposits as of February 27, 2022 are deemed to have filed
their claims for the uninsured portion or the amount in excess of
the MDIC.
PDIC, as Receiver of closed banks, requires personal data from
creditors to be able to process their claims and protects these
data in compliance with the Data Privacy Act of 2012.
Masantol Rural Bank, Inc. is a two-unit rural bank with Head Office
located in Brgy. San Nicolas (Pob.), Masantol, Pampanga. Its
Macabebe Branch Lite Unit (BLU) is in Brgy. Santa. Rita (Pob.),
Macabebe, Pampanga.
Masantol Rural Bank was ordered closed by the Monetary Board (MB)
of the Bangko Sentral ng Pilipinas on November 25, 2021 and PDIC,
as the designated Receiver, was directed by the MB to proceed with
the takeover and liquidation of the closed bank in accordance with
Section 12(a) of Republic Act No. 3591, as amended.
=================
S I N G A P O R E
=================
JENLEE ENGINEERING: Court to Hear Wind-Up Petition on Feb. 18
-------------------------------------------------------------
A petition to wind up the operations of Jenlee Engineering Pte Ltd
will be heard before the High Court of Singapore on Feb. 18, 2022,
at 10:00 a.m.
Maybank Singapore Limited filed the petition against the company on
Jan. 24, 2022.
The Petitioner's solicitors are:
M/s Advent Law Corporation
111 North Bridge Road
#25-03 Peninsula Plaza
Singapore 179098
RUPRECHT SERVICES: Court to Hear Wind-Up Petition on Feb. 11
------------------------------------------------------------
A petition to wind up the operations of Ruprecht Services Pte Ltd
will be heard before the High Court of Singapore on Feb. 11, 2022,
at 10:00 a.m.
Ocap Management Pte Ltd filed the petition against the company on
Jan. 21, 2022.
The Petitioner's solicitors are:
BlackOak LLC
One George Street
#12-01/02
Singapore 049145
SENJO PAYMENT: Court to Hear Wind-Up Petition on Feb. 11
--------------------------------------------------------
A petition to wind up the operations of Senjo Payment Asia Pte Ltd
will be heard before the High Court of Singapore on Feb. 11, 2022,
at 10:00 a.m.
Ocap Management Pte Ltd filed the petition against the company on
Jan. 21, 2022.
The Petitioner's solicitors are:
BlackOak LLC
One George Street
#12-01/02
Singapore 049145
STA TRAVEL: First Creditors' Meeting Set for Feb. 17
----------------------------------------------------
A first meeting of the creditors in the proceedings of STA Travel
Global Air Distribution Pte Ltd will be held on Feb. 17, 2022, at
11:00 a.m. via video-conference and/or tele-conference.
Mr. Tan Wei Cheong and Ms. Christina Khoo of Deloitte & Touche
Financial Advisory were appointed as Joint & Several Provisional
Liquidators of STA Travel on Jan. 21, 2022.
===============
X X X X X X X X
===============
[*] BOND PRICING: For the Week January 24 to January 28, 2022
-------------------------------------------------------------
Issuer Coupon Maturity Currency Price
------ ------ -------- -------- -----
AUSTRALIA
---------
ACN 113 874 712 PTY L 13.25 02/15/18 USD 0.15
ACN 113 874 712 PTY L 13.25 02/15/18 USD 0.15
CLIME CAPITAL LTD/FUN 6.25 11/30/21 AUD 0.97
COMMONWEALTH BANK OF 3.30 08/26/50 AUD 70.39
GLENNON SMALL COS LTD 5.60 09/30/30 AUD 10.50
VIRGIN AUSTRALIA HOLD 7.88 10/15/21 USD 8.00
VIRGIN AUSTRALIA HOLD 7.88 10/15/21 USD 8.15
VIRGIN AUSTRALIA HOLD 8.25 05/30/23 AUD 7.07
VIRGIN AUSTRALIA HOLD 8.08 03/05/24 AUD 6.52
VIRGIN AUSTRALIA HOLD 8.13 11/15/24 USD 7.25
VIRGIN AUSTRALIA HOLD 8.13 11/15/24 USD 7.95
VIRGIN AUSTRALIA HOLD 8.00 11/26/24 AUD 7.15
CHINA
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AKESU DISTRICT GREEN 4.09 03/11/23 CNY 39.73
AKESU DISTRICT GREEN 4.09 03/11/23 CNY 39.89
AKESU TEXTILE CITY DE 7.50 06/21/24 CNY 59.39
AKESU TEXTILE CITY DE 7.50 06/21/24 CNY 60.99
AKESU XINCHENG ASSET 6.40 04/20/22 CNY 20.15
AKESU XINCHENG ASSET 6.40 04/20/22 CNY 20.24
ALTAY PREFECTURE STAT 4.85 01/22/23 CNY 36.00
ALTAY PREFECTURE STAT 4.85 01/22/23 CNY 39.87
AN SHUN YU KUN REAL E 5.48 11/10/21 CNY 39.60
ANHUI DANGTU ECO DEVE 6.00 09/11/24 CNY 60.00
ANHUI DANGTU ECO DEVE 6.00 09/11/24 CNY 62.30
ANHUI HUAAN FOREIGN E 7.30 07/13/21 CNY 70.01
ANHUI HUAINING URBAN 5.80 08/28/24 CNY 60.00
ANHUI HUAINING URBAN 5.80 08/28/24 CNY 60.77
ANHUI JIANGNAN INDUST 4.76 07/08/23 CNY 39.63
ANHUI JIANGNAN INDUST 4.76 07/08/23 CNY 39.75
ANHUI LEXING CITY CON 6.05 11/01/24 CNY 60.70
ANHUI LEXING CITY CON 6.05 11/01/24 CNY 62.49
ANJI NORTHWEST DEVELO 5.90 07/18/23 CNY 40.19
ANJI NORTHWEST DEVELO 5.90 07/18/23 CNY 40.40
ANLU CONSTRUCTION DEV 5.45 06/15/23 CNY 40.08
ANNING DEVELOPMENT IN 8.80 09/11/25 CNY 66.00
ANQING ECONOMIC&TECHN 4.09 03/09/23 CNY 40.05
ANQING ECONOMIC&TECHN 4.09 03/09/23 CNY 40.22
ANQING URBAN CONSTRUC 6.01 04/27/22 CNY 20.00
ANQING URBAN CONSTRUC 6.01 04/27/22 CNY 20.13
ANQING WANJIANG HIGH 6.50 08/02/24 CNY 58.10
ANQING WANJIANG HIGH 6.50 08/02/24 CNY 60.00
ANQIU HUAAN STATE OWN 7.00 09/14/24 CNY 59.27
ANSHUN CITY CONSTRUCT 7.30 09/15/24 CNY 47.01
ANSHUN CITY CONSTRUCT 7.30 09/15/24 CNY 48.00
ANSHUN CITY XIXIU IND 7.90 11/15/25 CNY 75.00
ANSHUN STATE-RUN ASSE 4.48 07/18/23 CNY 35.73
ANSHUN STATE-RUN ASSE 4.48 07/18/23 CNY 37.89
ANSHUN TRANSPORTATION 7.50 10/31/24 CNY 54.59
ANSHUN XIXIU CITY INV 4.70 11/22/23 CNY 52.36
ANSHUN XIXIU CITY INV 4.70 11/22/23 CNY 59.81
AOYUAN CORP GROUP LTD 5.50 03/03/25 CNY 28.10
BAOJI INVESTMENT GROU 5.05 04/18/24 CNY 61.07
BAOTOU AFFORDABLE HOU 5.25 07/27/24 CNY 60.55
BAOTOU AFFORDABLE HOU 5.25 07/27/24 CNY 61.60
BAOTOU AFFORDABLE HOU 5.31 08/10/24 CNY 60.61
BAOTOU CITY SCIENCE E 6.48 03/25/22 CNY 20.05
BAOTOU CITY SCIENCE E 6.48 03/25/22 CNY 20.05
BAOYING CITY CONSTRUC 4.50 03/24/23 CNY 39.81
BAOYING CITY CONSTRUC 4.50 03/24/23 CNY 40.36
BAOYING COUNTY DEVELO 5.45 08/21/24 CNY 60.01
BAOYING COUNTY DEVELO 5.45 08/21/24 CNY 61.36
BAOYING COUNTY DEVELO 5.49 10/17/24 CNY 61.55
BAYAN ZHUOER HETAO WA 8.54 03/31/22 CNY 15.15
BAZHONG STATE-OWNED A 5.13 12/02/22 CNY 39.24
BAZHONG STATE-OWNED A 5.13 12/02/22 CNY 39.40
BAZHOU GUOHUI CONSTRU 6.08 06/19/24 CNY 61.11
BAZHOU GUOHUI CONSTRU 6.08 06/19/24 CNY 61.40
BEIJING FUTURE SCIENC 4.20 08/13/22 CNY 20.04
BEIPIAO CITY CONSTRUC 6.70 03/25/23 CNY 38.83
BEIPIAO CITY CONSTRUC 6.70 03/25/23 CNY 40.60
BENGBU ECONOMIC DEVEL 6.45 07/13/24 CNY 59.65
BENGBU ECONOMIC DEVEL 6.45 07/13/24 CNY 60.00
BENGBU URBAN INVESTME 5.80 04/13/24 CNY 61.78
BENGBU URBAN INVESTME 5.80 04/13/24 CNY 61.85
BIJIE CONSTRUCTION IN 6.50 01/28/22 CNY 19.90
BIJIE CONSTRUCTION IN 6.50 01/28/22 CNY 19.94
BIJIE CONSTRUCTION IN 5.78 07/06/24 CNY 60.48
BIJIE CONSTRUCTION IN 5.55 08/03/24 CNY 60.00
BIJIE CONSTRUCTION IN 5.55 08/03/24 CNY 60.62
BIJIE DEXI CONSTRUCTI 4.60 11/17/23 CNY 55.42
BIJIE DEXI CONSTRUCTI 4.60 11/17/23 CNY 59.78
BIJIE DEXI CONSTRUCTI 5.10 12/05/23 CNY 54.51
BIJIE DEXI CONSTRUCTI 5.10 12/05/23 CNY 60.07
BIJIE QIXINGGUAN DIST 7.60 09/08/24 CNY 61.67
BIJIE QIXINGGUAN DIST 8.05 08/16/25 CNY 59.50
BIJIE QIXINGGUAN DIST 8.05 08/16/25 CNY 70.78
BIJIE XINTAI INVESTME 7.80 11/01/24 CNY 49.84
BIJIE XINTAI INVESTME 7.80 11/01/24 CNY 59.40
BINZHOU ZHANHUA DISTR 4.93 11/29/23 CNY 59.40
BINZHOU ZHANHUA DISTR 4.93 11/29/23 CNY 59.41
BINZHOU ZHONGHAI VENT 6.65 04/13/22 CNY 20.00
BINZHOU ZHONGHAI VENT 6.65 04/13/22 CNY 20.07
BORALA MONGOL AUTONOM 5.77 08/26/22 CNY 18.30
BORALA MONGOL AUTONOM 5.77 08/26/22 CNY 20.12
BOZHOU URBAN CONSTRUC 4.78 04/14/23 CNY 40.04
BOZHOU URBAN CONSTRUC 4.78 04/14/23 CNY 40.51
BRILLIANCE AUTO GROUP 5.30 10/23/20 CNY 48.88
BRILLIANCE AUTO GROUP 6.50 01/22/22 CNY 48.88
BRILLIANCE AUTO GROUP 6.50 03/13/22 CNY 48.88
BRILLIANCE AUTO GROUP 6.50 04/18/22 CNY 48.88
BRILLIANCE AUTO GROUP 6.50 06/03/22 CNY 48.88
BRILLIANCE AUTO GROUP 6.30 09/14/23 CNY 48.88
BRILLIANCE AUTO GROUP 5.40 09/14/23 CNY 55.80
BRILLIANCE AUTO GROUP 6.30 09/14/23 CNY 56.93
BRILLIANCE AUTO GROUP 5.80 11/05/23 CNY 48.88
BRILLIANCE AUTO GROUP 5.80 11/05/23 CNY 59.80
BRILLIANCE AUTO GROUP 5.80 03/20/24 CNY 54.80
BRILLIANCE AUTO GROUP 5.80 06/17/24 CNY 48.88
BRILLIANCE AUTO GROUP 5.80 06/17/24 CNY 60.78
CANGNAN COUNTY STATE 5.58 11/11/22 CNY 40.30
CANGNAN COUNTY STATE 5.58 11/11/22 CNY 40.42
CEFC SHANGHAI INTERNA 4.98 12/10/20 CNY 61.29
CEFC SHANGHAI INTERNA 4.08 09/09/21 CNY 60.00
CHANG DE DING LI INDU 4.30 03/10/23 CNY 40.15
CHANG DE DING LI INDU 4.30 03/10/23 CNY 40.17
CHANG DE DING LI INDU 6.10 07/20/24 CNY 60.00
CHANG DE DING LI INDU 6.10 07/20/24 CNY 60.07
CHANGDE DE YUAN SHANT 5.33 09/13/23 CNY 37.37
CHANGDE URBAN CONSTRU 3.59 01/12/23 CNY 40.00
CHANGDE URBAN CONSTRU 3.59 01/12/23 CNY 40.08
CHANGGE JINCAI PUBLIC 7.10 04/19/24 CNY 59.91
CHANGGE JINCAI PUBLIC 7.10 04/19/24 CNY 61.14
CHANGJI URBAN CONSTRU 4.24 11/18/23 CNY 58.01
CHANGJI URBAN CONSTRU 4.24 11/18/23 CNY 60.08
CHANGLE COUNTY NEWTOW 5.18 12/16/22 CNY 37.00
CHANGLE COUNTY NEWTOW 5.18 12/16/22 CNY 40.04
CHANGSHA COUNTY XINGC 7.90 03/25/22 CNY 25.37
CHANGSHA COUNTY XINGC 7.90 03/25/22 CNY 25.37
CHANGSHA ECONOMIC & T 8.45 04/13/22 CNY 15.22
CHANGSHA ECONOMIC & T 4.78 03/03/24 CNY 60.78
CHANGSHA ECONOMIC & T 4.78 03/03/24 CNY 61.26
CHANGSHA FURONG CITY 3.88 01/26/23 CNY 40.27
CHANGSHA FURONG CITY 3.88 01/26/23 CNY 40.67
CHANGSHA JINZHOU NEW 6.60 08/24/24 CNY 59.25
CHANGSHA JINZHOU NEW 6.60 08/24/24 CNY 60.00
CHANGSHA METRO GROUP 6.20 04/23/23 CNY 30.94
CHANGSHA METRO GROUP 6.20 04/23/23 CNY 32.01
CHANGSHA METRO GROUP 5.97 04/03/25 CNY 62.91
CHANGSHA METRO GROUP 5.40 07/14/25 CNY 60.00
CHANGSHA METRO GROUP 5.40 07/14/25 CNY 62.62
CHANGSHA METRO GROUP 4.10 12/21/25 CNY 71.19
CHANGSHA METRO GROUP 4.10 12/21/25 CNY 71.47
CHANGSHA TIANXIN CITY 4.20 11/06/22 CNY 20.00
CHANGSHA TIANXIN CITY 4.20 11/06/22 CNY 20.11
CHANGSHA TIANXIN CITY 3.43 08/08/23 CNY 39.13
CHANGSHA TIANXIN CITY 3.43 08/08/23 CNY 39.87
CHANGSHA YUHUA JINGKA 4.17 09/06/23 CNY 39.95
CHANGSHA YUHUA JINGKA 4.17 09/06/23 CNY 40.11
CHANGSHA YUHUA URBAN 3.80 01/28/23 CNY 40.00
CHANGSHA YUHUA URBAN 3.80 01/28/23 CNY 40.14
CHANGSHU DONGNAN ASSE 6.53 03/26/22 CNY 20.24
CHANGSHU DONGNAN ASSE 6.53 03/26/22 CNY 27.32
CHANGXING URBAN CONST 6.00 12/03/21 CNY 19.00
CHANGXING URBAN CONST 6.00 12/03/21 CNY 20.03
CHANGZHOU TIANNING CO 6.48 02/12/22 CNY 20.00
CHANGZHOU TIANNING CO 6.48 02/12/22 CNY 20.18
CHANGZHOU XINGANG ECO 3.42 10/20/23 CNY 39.23
CHANGZHOU XINGANG ECO 3.42 10/20/23 CNY 39.94
CHANGZHOU ZHONGLOU EC 3.64 10/26/23 CNY 39.93
CHANGZHOU ZHONGLOU EC 3.64 10/26/23 CNY 40.03
CHAOHU URBAN TOWN CON 6.50 04/30/22 CNY 20.23
CHAOHU URBAN TOWN CON 6.50 04/30/22 CNY 21.80
CHENGDU GARDEN WATER 6.15 05/03/23 CNY 39.85
CHENGDU GARDEN WATER 6.15 05/03/23 CNY 40.41
CHENGDU GARDEN WATER 7.50 09/11/24 CNY 58.32
CHENGDU GARDEN WATER 7.50 09/11/24 CNY 62.56
CHENGDU LIN JIANG GAR 6.75 08/02/24 CNY 59.64
CHENGDU PIDU DISTRICT 6.95 04/01/22 CNY 20.11
CHENGDU PIDU DISTRICT 6.95 04/01/22 CNY 20.20
CHENGDU SHUZHOU CITY 6.58 05/26/22 CNY 20.08
CHENGDU SHUZHOU CITY 6.58 05/26/22 CNY 20.50
CHENGDU XINGCHENGJIAN 6.00 03/20/22 CNY 20.00
CHENGDU XINGCHENGJIAN 6.00 03/20/22 CNY 20.13
CHENGDU XINGJIN ECOLO 3.65 10/13/23 CNY 39.29
CHENGDU XINGJIN ECOLO 3.65 10/13/23 CNY 40.08
CHENGDU XINGSHU INVES 6.78 08/21/24 CNY 60.00
CHENGDU XINGSHU INVES 6.78 08/21/24 CNY 61.79
CHENGDU XINJIN COUNTY 6.40 07/05/24 CNY 58.92
CHENGDU XINJIN COUNTY 6.40 07/05/24 CNY 59.91
CHENGDU XINJIN COUNTY 6.28 08/03/24 CNY 60.00
CHENGDU XINJIN COUNTY 6.28 08/03/24 CNY 60.12
CHENGDU XINKAIYUAN UR 5.29 04/27/23 CNY 39.42
CHENGDU XINKAIYUAN UR 5.29 04/27/23 CNY 40.10
CHENZHOU BAIFU INVEST 4.96 03/22/26 CNY 61.07
CHENZHOU BAIFU INVEST 4.96 03/22/26 CNY 61.62
CHENZHOU FUCHENG HIGH 4.73 01/22/23 CNY 40.02
CHENZHOU FUCHENG HIGH 4.73 01/22/23 CNY 40.07
CHENZHOU INDUSTRY INV 6.45 01/23/22 CNY 20.07
CHENZHOU INDUSTRY INV 6.45 01/23/22 CNY 28.60
CHENZHOU WENLV INDUST 5.34 11/28/23 CNY 58.73
CHENZHOU XINTIAN INVE 6.00 07/26/24 CNY 56.62
CHENZHOU XINTIAN INVE 6.00 07/26/24 CNY 60.00
CHENZHOU XINTIAN INVE 5.38 03/08/26 CNY 63.03
CHENZHOU XINTIAN INVE 5.38 03/08/26 CNY 63.26
CHIBI LANTIAN URBAN C 4.38 08/10/23 CNY 39.69
CHIBI LANTIAN URBAN C 4.38 08/10/23 CNY 39.83
CHINA FORTUNE LAND DE 7.40 03/24/21 CNY 25.13
CHINA FORTUNE LAND DE 7.20 04/18/21 CNY 25.13
CHINA FORTUNE LAND DE 5.60 09/10/21 CNY 25.13
CHINA FORTUNE LAND DE 5.80 05/23/22 CNY 22.20
CHINA FORTUNE LAND DE 5.00 05/30/22 CNY 68.15
CHINA GRAND AUTOMOTIV 9.13 01/30/24 USD 74.23
CHINA OCEANWIDE HOLDI 8.90 12/13/21 CNY 48.00
CHINA SECURITY CO LTD 4.45 11/11/19 CNY 31.00
CHONGQIN BAIYAN INVES 5.75 05/03/23 CNY 40.44
CHONGQIN BAIYAN INVES 5.75 05/03/23 CNY 40.67
CHONGQIN XINLIANG INV 4.76 08/26/23 CNY 38.51
CHONGQIN XINLIANG INV 4.76 08/26/23 CNY 38.73
CHONGQING BANAN ECONO 6.17 03/13/22 CNY 20.10
CHONGQING BANAN ECONO 6.17 03/13/22 CNY 20.12
CHONGQING BAYUAN CONS 4.99 08/16/23 CNY 39.10
CHONGQING BISHAN DIST 4.93 03/29/23 CNY 40.34
CHONGQING BISHAN DIST 4.93 03/29/23 CNY 40.43
CHONGQING DAZU INDUST 6.30 04/28/22 CNY 20.00
CHONGQING DAZU INDUST 6.30 04/28/22 CNY 20.06
CHONGQING DAZU URBAN 3.97 08/11/22 CNY 49.43
CHONGQING DAZU URBAN 3.97 08/11/22 CNY 49.50
CHONGQING DAZU YONGSH 6.48 07/24/24 CNY 59.05
CHONGQING DAZU YONGSH 6.48 07/24/24 CNY 61.42
CHONGQING ECO&TECH DE 3.95 04/13/23 CNY 40.07
CHONGQING FULING TRAF 6.68 02/03/22 CNY 20.00
CHONGQING FULING TRAF 6.68 02/03/22 CNY 20.08
CHONGQING HECHUAN CIT 3.95 09/06/23 CNY 39.61
CHONGQING HECHUAN CIT 3.95 09/06/23 CNY 39.86
CHONGQING HONGYE INDU 6.30 08/02/24 CNY 59.74
CHONGQING HONGYE INDU 6.30 08/02/24 CNY 61.30
CHONGQING JIANGJIN DI 6.40 09/13/24 CNY 60.00
CHONGQING JIANGJIN DI 6.40 09/13/24 CNY 60.57
CHONGQING JIN TONG IN 4.44 11/16/23 CNY 56.84
CHONGQING JIN TONG IN 4.44 11/16/23 CNY 59.65
CHONGQING JIN TONG IN 6.50 08/01/24 CNY 55.88
CHONGQING JIN TONG IN 6.50 08/01/24 CNY 60.00
CHONGQING JINYUN ASSE 4.50 12/31/22 CNY 40.09
CHONGQING JINYUN ASSE 4.50 12/31/22 CNY 40.18
CHONGQING KAIQIAN INV 4.64 03/21/23 CNY 38.70
CHONGQING KAIQIAN INV 4.64 03/21/23 CNY 39.87
CHONGQING LAND PROPER 3.36 03/21/23 CNY 40.03
CHONGQING LAND PROPER 3.36 03/21/23 CNY 40.10
CHONGQING LIANGSHAN C 6.30 10/16/24 CNY 61.59
CHONGQING LIANGSHAN C 6.30 10/16/24 CNY 61.60
CHONGQING MAIRUI URBA 4.95 04/21/23 CNY 40.19
CHONGQING MAIRUI URBA 4.95 04/21/23 CNY 40.30
CHONGQING NANCHUAN CI 4.20 07/11/23 CNY 39.77
CHONGQING NANCHUAN CI 4.20 07/11/23 CNY 39.90
CHONGQING QIJIANG EAS 4.00 09/05/23 CNY 38.78
CHONGQING QIJIANG EAS 4.00 09/05/23 CNY 39.14
CHONGQING SHUANGFU CO 6.37 10/13/24 CNY 60.00
CHONGQING SHUANGFU CO 6.37 10/13/24 CNY 60.93
CHONGQING SHUANGQIAO 5.99 11/19/21 CNY 19.99
CHONGQING SHUANGQIAO 5.99 11/19/21 CNY 26.25
CHONGQING TONGLIANG J 6.59 04/08/22 CNY 20.00
CHONGQING TONGLIANG J 6.59 04/08/22 CNY 20.13
CHONGQING TONGNAN DIS 4.99 12/31/22 CNY 39.25
CHONGQING TONGNAN DIS 4.99 12/31/22 CNY 39.66
CHONGQING WANSHENG EC 5.40 11/18/21 CNY 39.98
CHONGQING WANZHOU SAN 4.95 08/25/22 CNY 20.19
CHONGQING WANZHOU SAN 4.95 08/25/22 CNY 20.80
CHONGQING WULONG DIST 6.80 09/21/24 CNY 55.00
CHONGQING WULONG DIST 6.80 09/21/24 CNY 58.40
CHONGQING XINGRONG HO 4.86 03/31/23 CNY 38.50
CHONGQING XINGRONG HO 4.86 03/31/23 CNY 39.82
CHONGQING YINGDI INDU 7.00 11/07/24 CNY 59.99
CHONGQING YUELAI INVE 6.09 04/29/22 CNY 20.00
CHONGQING YUELAI INVE 6.09 04/29/22 CNY 20.19
CHUN'AN XINANJIANG DE 6.10 03/11/22 CNY 20.19
CHUN'AN XINANJIANG DE 6.10 03/11/22 CNY 24.55
CHUN'AN XINANJIANG DE 3.84 11/04/23 CNY 39.36
CHUN'AN XINANJIANG DE 3.84 11/04/23 CNY 40.06
CHUZHOU CITY INVESTME 6.30 11/30/21 CNY 30.04
CHUZHOU CITY INVESTME 6.30 11/30/21 CNY 30.40
CHUZHOU CITY NANQIAO 5.95 10/23/24 CNY 60.00
CHUZHOU CITY NANQIAO 5.95 10/23/24 CNY 62.39
CITIC GUOAN GROUP COR 4.90 11/06/19 CNY 18.25
CITIC GUOAN GROUP COR 5.80 12/15/19 CNY 18.25
CITIC GUOAN GROUP COR 4.23 12/15/20 CNY 18.25
CITIC GUOAN GROUP COR 4.49 03/08/21 CNY 18.25
CIXI STATE OWNED ASSE 4.90 04/07/24 CNY 60.92
DAFANG COUNTY CONSTRU 6.00 09/26/23 CNY 38.30
DAFANG COUNTY CONSTRU 6.00 09/26/23 CNY 40.18
DALI HAIDONG DEVELOPM 6.01 01/25/23 CNY 38.05
DALI HAIDONG DEVELOPM 6.01 01/25/23 CNY 39.82
DALIAN RONGDA INVESTM 5.69 12/05/21 CNY 20.03
DALIAN SHITAI CITY CO 4.50 02/01/23 CNY 37.74
DALIAN SHITAI CITY CO 4.50 02/01/23 CNY 40.12
DANGTU COUNTY CONSTRU 5.38 08/10/22 CNY 20.26
DANGYANG XINYUAN INVE 4.97 03/29/23 CNY 39.84
DANGYANG XINYUAN INVE 4.97 03/29/23 CNY 40.29
DANYANG HI-TECH INDUS 6.40 04/24/22 CNY 19.87
DANYANG HI-TECH INDUS 6.40 04/24/22 CNY 20.00
DANYANG INVESTMENT GR 3.99 01/25/23 CNY 39.15
DANYANG INVESTMENT GR 3.99 01/25/23 CNY 39.77
DANYANG INVESTMENT GR 5.49 07/18/24 CNY 61.66
DASHIQIAO URBAN CONST 7.59 08/14/24 CNY 62.53
DASHIQIAO URBAN CONST 7.59 08/14/24 CNY 62.54
DATONG ECONOMIC CONST 4.49 10/22/22 CNY 20.02
DATONG ECONOMIC CONST 4.49 10/22/22 CNY 20.15
DAWA COUNTY CITY CONS 6.29 06/12/22 CNY 19.58
DAWA COUNTY LINGANG E 5.99 10/19/24 CNY 61.02
DAYE ZHENHENG CITY DE 4.50 03/28/23 CNY 38.09
DAYE ZHENHENG CITY DE 4.50 03/28/23 CNY 39.81
DAYE ZHENHENG CITY DE 4.05 08/31/23 CNY 37.81
DAYE ZHENHENG CITY DE 4.05 08/31/23 CNY 38.82
DAZHOU DEVELOPMENT HO 6.55 01/14/22 CNY 20.00
DAZHOU DEVELOPMENT HO 6.55 01/14/22 CNY 20.08
DAZHOU DEVELOPMENT HO 5.10 11/27/22 CNY 40.00
DAZHOU DEVELOPMENT HO 5.10 11/27/22 CNY 40.09
DAZHOU INVESTMENT CO 3.99 11/04/26 CNY 67.55
DEHONGZHOU HONGKANG I 6.68 01/23/22 CNY 20.04
DEQING CONSTRUCTION I 3.60 11/11/23 CNY 59.50
DEQING CONSTRUCTION I 3.60 11/11/23 CNY 59.60
DEXING INVESTMENT HOL 5.99 03/21/23 CNY 40.08
DEXING INVESTMENT HOL 5.99 03/21/23 CNY 43.80
DONGLING GROUP INC CO 8.00 07/14/22 CNY 20.00
DONGLING GROUP INC CO 8.00 07/14/22 CNY 20.40
DONGTAI STATE-OWNED A 3.04 11/16/23 CNY 58.77
DONGYING CITY URBAN A 5.57 03/31/22 CNY 20.16
DONGYING CITY URBAN A 5.57 03/31/22 CNY 20.33
DONGZHI COUNTY CITY O 4.88 06/20/23 CNY 39.99
DONGZHI COUNTY CITY O 4.88 06/20/23 CNY 39.99
DUJIANGYAN NEW CITY C 6.90 10/19/24 CNY 61.84
DUJIANGYAN NEW CITY C 7.80 10/11/25 CNY 69.00
DUJIANGYAN XINGYAN IN 6.10 03/12/22 CNY 19.00
DUJIANGYAN XINGYAN IN 6.10 03/12/22 CNY 19.75
DUNYUN STATE-OWNED AS 6.60 12/28/22 CNY 39.61
ENSHI URBAN CONSTRUCT 3.84 11/01/23 CNY 39.29
ENSHI URBAN CONSTRUCT 3.84 11/01/23 CNY 39.58
EVERGRANDE REAL ESTAT 6.98 07/08/22 CNY 27.00
EVERGRANDE REAL ESTAT 6.27 05/06/23 CNY 30.00
EVERGRANDE REAL ESTAT 6.80 05/06/24 CNY 35.69
FANTASIA GROUP CHINA 7.50 12/17/21 CNY 74.00
FANTASIA GROUP CHINA 7.80 11/29/22 CNY 44.83
FEICHENG CITY ASSETS 4.04 03/23/23 CNY 39.68
FEICHENG CITY ASSETS 4.04 03/23/23 CNY 40.11
FEIXI COUNTY URBAN & 4.45 06/03/23 CNY 40.24
FEIXI COUNTY URBAN & 4.45 06/03/23 CNY 41.24
FENG COUNTY ECONOMIC 5.18 06/21/23 CNY 38.82
FENG COUNTY ECONOMIC 5.18 06/21/23 CNY 40.06
FENGCHENG CITY CONSTR 6.49 02/10/22 CNY 20.12
FENGCHENG CITY CONSTR 6.49 02/10/22 CNY 20.34
FENGCHENG CITY MODERN 5.76 12/17/22 CNY 37.88
FENGCHENG CITY MODERN 5.76 12/17/22 CNY 40.00
FENGDU COUNTY STATE-O 6.38 09/05/24 CNY 60.00
FENGDU COUNTY STATE-O 6.38 09/05/24 CNY 60.39
FENGHUANG MINGCHENG C 6.50 03/23/24 CNY 61.14
FENGTAI HUAXING CITY 5.60 03/13/24 CNY 61.42
FENGTAI HUAXING CITY 5.60 03/13/24 CNY 61.45
FENGXIAN URBAN INVEST 6.48 03/20/22 CNY 20.00
FENGXIAN URBAN INVEST 6.48 03/20/22 CNY 20.13
FENYI CITY CONSTRUCTI 4.54 08/22/23 CNY 39.33
FENYI CITY CONSTRUCTI 4.54 08/22/23 CNY 39.78
FUJIAN FUSHENG GROUP 7.90 11/19/21 CNY 60.00
FUJIAN FUSHENG GROUP 7.90 12/17/21 CNY 70.99
FUJIAN JINJIANG URBAN 3.35 08/24/23 CNY 39.00
FUJIAN JINJIANG URBAN 3.35 08/24/23 CNY 39.91
FUJIAN PROVINCE LIANJ 6.29 04/30/22 CNY 20.00
FUJIAN PROVINCE LIANJ 6.29 04/30/22 CNY 20.25
FUJIAN ZHANGLONG GROU 4.99 08/07/22 CNY 20.00
FUJIAN ZHANGLONG GROU 4.99 08/07/22 CNY 20.15
FUNING URBAN INVESTME 6.00 03/14/24 CNY 61.45
FUNING URBAN INVESTME 6.00 03/14/24 CNY 61.73
FUQING CITY STATE-OWN 5.94 11/26/22 CNY 40.06
FUXIN INFRASTRUCTURE 6.18 03/18/22 CNY 19.92
FUZHOU CHANGLE DISTRI 4.50 04/11/23 CNY 39.81
FUZHOU CHANGLE DISTRI 4.50 04/11/23 CNY 40.25
FUZHOU DEVELOPMENT ZO 3.53 08/25/23 CNY 39.89
FUZHOU DEVELOPMENT ZO 3.53 08/25/23 CNY 39.89
FUZHOU DONGXIANG INVE 6.20 03/20/24 CNY 61.84
FUZHOU DONGXIANG INVE 6.20 03/20/24 CNY 61.85
FUZHOU INVESTMENT DEV 5.70 10/30/24 CNY 60.00
FUZHOU INVESTMENT DEV 5.70 10/30/24 CNY 60.77
FUZHOU LINCHUAN URBAN 5.68 07/05/23 CNY 40.82
FUZHOU LINCHUAN URBAN 5.68 07/05/23 CNY 40.82
FUZHOU URBAN AND RURA 5.48 01/26/22 CNY 20.00
FUZHOU URBAN AND RURA 5.48 01/26/22 CNY 20.08
FUZHOU URBAN AND RURA 4.89 07/08/22 CNY 20.15
FUZHOU URBAN AND RURA 4.89 07/08/22 CNY 20.55
GANSU PROVINCIAL HIGH 6.58 09/24/22 CNY 41.05
GANSU PROVINCIAL HIGH 6.20 03/28/23 CNY 71.65
GANZHOU CITY DEVELOPM 5.50 06/16/22 CNY 20.00
GANZHOU CITY DEVELOPM 5.50 06/16/22 CNY 20.15
GANZHOU DEVELOPMENT I 8.10 12/11/23 CNY 63.25
GAOMI CITY CONSTRUCTI 5.95 09/18/24 CNY 59.97
GAOMI CITY CONSTRUCTI 5.95 09/18/24 CNY 60.00
GAOMI STATE-OWNED ASS 4.69 01/26/23 CNY 39.50
GAOMI STATE-OWNED ASS 4.69 01/26/23 CNY 39.54
GAOQING LU QING ASSET 7.50 09/27/24 CNY 64.01
GAOQING LU QING ASSET 7.50 09/27/24 CNY 64.02
GAOYOU CITY CONSTRUCT 5.48 09/15/22 CNY 20.00
GAOYOU CITY CONSTRUCT 5.48 09/15/22 CNY 20.29
GAOYOU CITY ECONOMY D 3.65 09/02/23 CNY 40.00
GAOYOU CITY ECONOMY D 3.65 09/02/23 CNY 40.28
GAOYOU CITY ECONOMY D 5.26 07/13/24 CNY 61.42
GAOYOU CITY ECONOMY D 5.26 07/13/24 CNY 62.10
GONG'AN COUNTY CITY C 4.30 08/30/23 CNY 39.63
GONG'AN COUNTY CITY C 4.30 08/30/23 CNY 39.92
GONGQINGCHENG FINANCI 5.85 03/25/23 CNY 40.27
GONGQINGCHENG FINANCI 5.85 03/25/23 CNY 40.27
GUANGAN DEVELOPMENT A 6.39 03/24/22 CNY 20.20
GUANGAN DEVELOPMENT A 6.39 03/24/22 CNY 24.00
GUANGAN ECONOMIC & TE 5.16 04/14/23 CNY 40.05
GUANGAN ECONOMIC & TE 5.16 04/14/23 CNY 40.19
GUANGAN TRANSPORTATIO 5.39 12/01/23 CNY 48.77
GUANGAN XINHONG INVES 7.18 08/28/24 CNY 59.86
GUANGAN XINHONG INVES 7.18 08/28/24 CNY 60.00
GUANGDE CITY STATE-OW 5.37 07/18/24 CNY 60.46
GUANGDE CITY STATE-OW 5.37 07/18/24 CNY 62.40
GUANGDONG HUIZHOU COM 4.16 05/17/23 CNY 40.40
GUANGDONG HUIZHOU COM 4.16 05/17/23 CNY 40.46
GUANGDONG HUIZHOU COM 4.95 12/27/23 CNY 61.13
GUANGDONG HUIZHOU COM 4.95 12/27/23 CNY 61.16
GUANGRAO COUNTY ECONO 3.61 09/08/23 CNY 40.09
GUANGSHUI CITY DEVELO 6.19 03/01/24 CNY 61.21
GUANGSHUI CITY DEVELO 6.19 03/01/24 CNY 61.57
GUANGXI LAIBIN INDUST 5.97 11/26/21 CNY 20.00
GUANGXI LAIBIN INDUST 5.97 11/26/21 CNY 20.01
GUANGXI LIUZHOU DONGC 6.50 07/24/24 CNY 71.96
GUANGXI LIUZHOU INVES 4.28 03/08/23 CNY 37.78
GUANGYUAN YUANQU CONS 4.48 03/10/23 CNY 40.04
GUANGYUAN YUANQU CONS 4.48 03/10/23 CNY 40.12
GUANGZHOU HUANTOU NAN 6.38 11/18/24 CNY 60.30
GUANGZHOU HUANTOU NAN 6.38 11/18/24 CNY 61.13
GUANGZHOU METRO GROUP 6.45 04/02/24 CNY 45.00
GUANGZHOU METRO GROUP 6.45 04/02/24 CNY 46.94
GUANGZHOU METRO GROUP 6.05 06/03/24 CNY 46.91
GUANGZHOU PANYU INFOR 4.50 09/08/26 CNY 70.50
GUANGZHOU PANYU INFOR 4.50 09/08/26 CNY 70.51
GUANGZHOU R&F PROPERT 6.70 04/07/22 CNY 52.03
GUANGZHOU R&F PROPERT 6.80 05/16/22 CNY 65.50
GUANGZHOU R&F PROPERT 7.00 01/03/23 CNY 64.00
GUCHENG CONSTRUCTION 7.88 04/27/25 CNY 75.00
GUILIN ECONOMIC CONST 5.60 04/22/22 CNY 20.00
GUILIN ECONOMIC CONST 5.60 04/22/22 CNY 20.21
GUIRENNIAO CO LTD 7.00 12/03/19 CNY 49.50
GUIXI STATE OWNED HOL 4.18 08/18/23 CNY 39.62
GUIXI STATE OWNED HOL 4.18 08/18/23 CNY 39.64
GUIYANG BAIYUN INDUST 7.30 03/27/22 CNY 20.07
GUIYANG BAIYUN INDUST 7.30 03/27/22 CNY 25.00
GUIYANG BAIYUN URBAN 6.48 07/17/24 CNY 59.81
GUIYANG BAIYUN URBAN 6.48 07/17/24 CNY 60.00
GUIYANG BAIYUN URBAN 7.28 09/25/24 CNY 59.04
GUIYANG BAIYUN URBAN 7.28 09/25/24 CNY 60.00
GUIYANG BAIYUN URBAN 4.75 09/13/26 CNY 61.31
GUIYANG BAIYUN URBAN 4.75 09/13/26 CNY 62.16
GUIYANG CITY CONSTRUC 4.37 03/25/26 CNY 65.20
GUIYANG CITY CONSTRUC 4.37 03/25/26 CNY 66.96
GUIYANG ECONOMIC DEVE 6.35 09/21/24 CNY 59.59
GUIYANG GUANCHENG IND 7.50 12/25/22 CNY 71.18
GUIYANG GUANSHANHU DI 4.87 01/28/23 CNY 37.40
GUIYANG GUANSHANHU DI 4.87 01/28/23 CNY 39.94
GUIYANG GUANSHANHU DI 4.48 03/09/23 CNY 37.41
GUIYANG GUANSHANHU DI 4.48 03/09/23 CNY 38.53
GUIYANG GUANSHANHU DI 6.49 06/22/24 CNY 56.80
GUIYANG GUANSHANHU DI 6.49 06/22/24 CNY 57.61
GUIYANG URBAN CONSTRU 5.23 12/02/22 CNY 39.00
GUIYANG URBAN CONSTRU 5.23 12/02/22 CNY 39.80
GUIYANG URBAN CONSTRU 5.98 07/21/24 CNY 59.97
GUIYANG URBAN CONSTRU 5.98 07/21/24 CNY 60.00
GUIZHOU EAST LAKE CIT 5.18 01/06/23 CNY 37.94
GUIZHOU FANJINGSHAN I 6.95 01/28/22 CNY 19.90
GUIZHOU FANJINGSHAN I 6.95 01/28/22 CNY 19.91
GUIZHOU GUIAN CONSTRU 4.17 10/28/22 CNY 20.11
GUIZHOU GUIAN CONSTRU 4.17 10/28/22 CNY 21.00
GUIZHOU GUILONG INDUS 7.80 04/28/22 CNY 24.95
GUIZHOU GUILONG INDUS 7.80 04/28/22 CNY 25.32
GUIZHOU HONGCAI INVES 6.00 06/07/23 CNY 27.76
GUIZHOU HONGCAI INVES 6.00 06/07/23 CNY 28.78
GUIZHOU KAILI KAIYUAN 7.30 05/26/24 CNY 57.20
GUIZHOU KAILI KAIYUAN 7.30 05/26/24 CNY 62.00
GUIZHOU KAILI KAIYUAN 7.28 08/29/24 CNY 60.00
GUIZHOU KAILI KAIYUAN 7.28 08/29/24 CNY 62.07
GUIZHOU LIUPANSHUI PA 7.30 07/24/24 CNY 50.34
GUIZHOU RAILWAY INVES 7.20 03/27/22 CNY 20.20
GUIZHOU RAILWAY INVES 7.20 03/27/22 CNY 20.30
GUIZHOU RAILWAY INVES 7.50 04/23/24 CNY 46.98
GUIZHOU RAILWAY INVES 7.50 04/23/24 CNY 47.00
GUIZHOU SHUICHENG CIT 4.98 11/22/23 CNY 52.33
GUIZHOU SHUICHENG CIT 4.98 11/22/23 CNY 60.01
GUIZHOU SHUICHENG ECO 7.50 10/26/25 CNY 39.50
GUIZHOU XINDONGGUAN C 7.70 09/05/24 CNY 62.25
GULIN STATE-OWNED ASS 4.18 08/04/23 CNY 39.31
GULIN STATE-OWNED ASS 4.18 08/04/23 CNY 39.32
GULIN STATE-OWNED ASS 5.96 07/24/24 CNY 61.17
GULIN STATE-OWNED ASS 5.96 07/24/24 CNY 64.51
HAIAN DEVELOPMENT ZON 4.47 11/16/23 CNY 58.74
HAIAN DEVELOPMENT ZON 4.47 11/16/23 CNY 59.69
HAIAN ECONOMIC TECHNO 5.45 04/13/23 CNY 39.98
HAIAN ECONOMIC TECHNO 5.45 04/13/23 CNY 40.05
HAIAN URBAN DEMOLITIO 5.08 11/27/22 CNY 40.20
HAIAN URBAN DEMOLITIO 5.08 11/27/22 CNY 40.58
HAICHENG URBAN JINCAI 5.37 08/10/23 CNY 40.31
HAIFENG MARINE INFRAS 6.84 04/29/22 CNY 20.17
HAIKOU MEILAN INTERNA 5.25 09/06/19 USD 10.51
HAINAN AIRLINES HOLDI 6.20 05/24/21 CNY 51.00
HAINING ASSET MANAGEM 3.40 08/16/23 CNY 69.70
HAIYAN COUNTY STATE-O 5.80 06/12/24 CNY 61.70
HAMI JIANHUI STATE-OW 3.90 09/21/23 CNY 39.91
HANCHENG CITY INVESTM 4.69 12/05/23 CNY 58.23
HANCHENG CITY INVESTM 4.69 12/05/23 CNY 58.51
HANCHUAN CITY HANRONG 4.25 07/18/23 CNY 39.65
HANCHUAN CITY HANRONG 4.25 07/18/23 CNY 39.97
HANDAN CONSTRUCTION & 5.48 05/27/22 CNY 20.12
HANDAN CONSTRUCTION & 5.48 05/27/22 CNY 27.20
HANGZHOU CANAL COMPRE 3.40 10/17/23 CNY 39.74
HANGZHOU CANAL COMPRE 3.40 10/17/23 CNY 39.86
HANGZHOU FUYANG DEVEL 4.76 01/27/23 CNY 40.28
HANGZHOU FUYANG DEVEL 4.76 01/27/23 CNY 40.38
HANGZHOU GONGSHU DIST 3.80 03/14/23 CNY 40.00
HANGZHOU GONGSHU DIST 3.80 03/14/23 CNY 40.21
HANGZHOU METRO GROUP 5.97 09/17/24 CNY 47.19
HANGZHOU WEST LAKE IN 4.30 04/25/23 CNY 39.87
HANGZHOU WEST LAKE IN 4.30 04/25/23 CNY 40.48
HANGZHOU XIAOSHAN QIA 4.00 03/22/23 CNY 39.77
HANGZHOU XIAOSHAN QIA 4.00 03/22/23 CNY 40.28
HANJIANG STATE-OWNED- 5.40 04/21/24 CNY 61.67
HANJIANG STATE-OWNED- 5.40 04/21/24 CNY 61.73
HANSHAN CITY CONSTRUC 6.20 08/30/24 CNY 60.00
HANSHAN CITY CONSTRUC 6.20 08/30/24 CNY 62.08
HEBEI ZHONGYUE CITY C 4.10 11/16/21 CNY 19.99
HEBEI ZHONGYUE CITY C 4.10 11/16/21 CNY 20.00
HECHI CITY CONSTRUCTI 5.58 11/13/22 CNY 36.00
HECHI CITY CONSTRUCTI 5.58 11/13/22 CNY 39.56
HECHI STATE-OWNED CAP 4.37 11/04/23 CNY 39.00
HECHI STATE-OWNED CAP 4.37 11/04/23 CNY 39.13
HEFEI CONSTRUCTION IN 7.20 04/29/24 CNY 47.69
HEFEI XINCHENG STATE- 4.13 07/15/23 CNY 39.65
HEFEI XINCHENG STATE- 4.13 07/15/23 CNY 40.31
HEILONGJIANG HECHENG 5.60 11/11/21 CNY 20.00
HEILONGJIANG HECHENG 7.05 06/21/22 CNY 15.19
HEISHAN TONGHE ASSET 6.79 09/18/22 CNY 19.28
HEISHAN TONGHE ASSET 6.79 09/18/22 CNY 19.99
HENGDONG URBAN & RURA 6.60 12/27/23 CNY 60.96
HENGDONG URBAN & RURA 6.60 12/27/23 CNY 60.98
HENGYANG BINJIANG NEW 5.47 07/27/24 CNY 61.66
HENGYANG CITY AND URB 7.50 09/22/24 CNY 60.39
HENGYANG CITY AND URB 7.50 09/22/24 CNY 62.63
HENGYANG COMMUNICATIO 4.28 01/21/23 CNY 40.00
HENGYANG COMMUNICATIO 4.28 01/21/23 CNY 40.12
HESHAN PUBLIC ASSET M 4.08 09/28/23 CNY 39.81
HESHAN PUBLIC ASSET M 4.08 09/28/23 CNY 39.81
HESHAN PUBLIC ASSET M 5.08 12/07/23 CNY 60.99
HESHAN PUBLIC ASSET M 5.08 12/07/23 CNY 61.09
HETIAN YUXIN STATE-OW 4.65 03/28/23 CNY 39.46
HETIAN YUXIN STATE-OW 4.65 03/28/23 CNY 39.83
HEYUAN CITY RUNYE INV 6.20 12/03/21 CNY 20.00
HEYUAN CITY RUNYE INV 6.20 12/03/21 CNY 20.03
HNA GROUP CO LTD 7.10 04/15/20 CNY 70.00
HNA GROUP CO LTD 5.99 11/27/22 CNY 29.10
HONGDAXINGYE GROUP CO 7.00 12/14/20 CNY 18.00
HONGDAXINGYE GROUP CO 7.00 01/15/21 CNY 18.00
HONGHEZHOU DEVELOPMEN 5.90 07/12/24 CNY 62.04
HONGHU CITY HONGRUI I 6.30 10/13/24 CNY 62.67
HONGHU CITY HONGRUI I 6.30 10/13/24 CNY 62.67
HUACHEN ENERGY CO LTD 6.63 05/18/20 USD 46.30
HUAIAN CITY HUAIAN DI 4.63 05/03/23 CNY 40.02
HUAIAN CITY HUAIAN DI 4.63 05/03/23 CNY 40.15
HUAIAN CITY URBAN ASS 5.70 04/23/22 CNY 20.23
HUAIAN CITY URBAN ASS 5.70 04/23/22 CNY 21.54
HUAIAN CITY XUYI URBA 5.10 04/15/23 CNY 39.80
HUAIAN CITY XUYI URBA 5.10 04/15/23 CNY 40.09
HUAIAN HONGRI TRANSPO 5.09 04/20/23 CNY 39.09
HUAIAN HONGRI TRANSPO 5.09 04/20/23 CNY 39.11
HUAIAN HONGZE DISTRIC 4.37 07/18/23 CNY 39.63
HUAIAN HONGZE DISTRIC 4.37 07/18/23 CNY 39.70
HUAI'AN NEW CITY INVE 5.22 09/20/24 CNY 61.58
HUAIAN QINGPU CITY CO 6.75 09/29/24 CNY 56.72
HUAIAN QINGPU CITY CO 6.75 09/29/24 CNY 56.99
HUAI'AN WATER CONSERV 5.28 08/11/24 CNY 60.00
HUAI'AN WATER CONSERV 5.28 08/11/24 CNY 61.40
HUAIHUA CITY CONSTRUC 4.18 08/31/23 CNY 38.21
HUAIHUA CITY CONSTRUC 4.18 08/31/23 CNY 38.30
HUAIHUA ECONOMIC DEVE 6.80 03/26/22 CNY 20.00
HUAIHUA ECONOMIC DEVE 6.80 03/26/22 CNY 20.02
HUAIHUA ECONOMIC DEVE 5.77 08/07/24 CNY 60.00
HUAIHUA ECONOMIC DEVE 5.77 08/07/24 CNY 60.07
HUAIHUA TRANSPORTATIO 4.96 04/12/23 CNY 39.08
HUAIHUA TRANSPORTATIO 4.96 04/12/23 CNY 39.28
HUAINAN INDUSTRY DEVE 5.69 10/25/24 CNY 61.59
HUAINAN INDUSTRY DEVE 5.69 10/25/24 CNY 61.78
HUAINAN SHAN NAN DEVE 6.53 08/24/24 CNY 59.13
HUAINAN SHAN NAN DEVE 6.53 08/24/24 CNY 61.53
HUAINAN URBAN CONSTRU 5.74 09/04/24 CNY 60.92
HUAINAN URBAN CONSTRU 5.74 09/04/24 CNY 62.09
HUANGGANG CITY CONSTR 4.08 01/18/23 CNY 40.19
HUANGMEI COUNTY URBAN 6.80 10/09/24 CNY 60.00
HUANGMEI COUNTY URBAN 6.80 10/09/24 CNY 60.45
HUANGMEI COUNTY URBAN 6.68 10/18/24 CNY 60.00
HUANGMEI COUNTY URBAN 6.68 10/18/24 CNY 61.75
HUANGSHAN CHENGTOU GR 5.95 05/06/22 CNY 20.25
HUANGSHAN CHENGTOU GR 5.95 05/06/22 CNY 20.65
HUANGSHI CIHU HIGH-TE 4.97 06/08/23 CNY 39.96
HUANGSHI CIHU HIGH-TE 4.97 06/08/23 CNY 39.97
HUANGSHI CIHU HIGH-TE 4.50 06/08/23 CNY 40.11
HUANGSHI CIHU HIGH-TE 4.50 06/08/23 CNY 43.00
HUANGSHI URBAN CONSTR 5.99 04/29/22 CNY 20.00
HUANGSHI URBAN CONSTR 5.99 04/29/22 CNY 20.27
HUANGSHI ZHONGBANG CI 5.95 06/02/24 CNY 61.97
HUANGSHI ZHONGBANG CI 5.95 06/02/24 CNY 61.97
HUBEI PROVINCE CHANGJ 6.15 04/03/22 CNY 20.28
HUBEI PROVINCE CHANGJ 6.15 04/03/22 CNY 22.40
HUBEI SONGZI JINSONG 6.60 06/21/24 CNY 60.46
HUBEI SONGZI JINSONG 6.60 06/21/24 CNY 61.44
HUBEI SUPPLY AND MARK 6.70 08/23/24 CNY 56.98
HUBEI SUPPLY AND MARK 6.70 08/23/24 CNY 61.72
HUBEI YILING ECONOMIC 6.45 09/05/24 CNY 60.00
HUBEI YILING ECONOMIC 6.45 09/05/24 CNY 60.18
HULUDAO INVESTMENT GR 7.50 10/18/23 CNY 29.00
HULUDAO INVESTMENT GR 7.50 10/18/23 CNY 30.85
HULUNBEIER INVESTMENT 6.31 04/30/22 CNY 19.65
HULUNBEIER INVESTMENT 6.31 04/30/22 CNY 20.22
HUNAN CHUZHISHENG HOL 5.60 12/18/22 CNY 39.86
HUNAN CHUZHISHENG HOL 5.60 12/18/22 CNY 40.43
HUNAN DESHAN CONSTRUC 6.46 09/14/24 CNY 58.46
HUNAN DESHAN CONSTRUC 6.46 09/14/24 CNY 61.52
HUNAN JINYANG INVESTM 5.70 11/27/21 CNY 18.60
HUNAN JINYANG INVESTM 5.70 11/27/21 CNY 20.01
HUNAN JINYANG INVESTM 4.37 01/19/23 CNY 39.85
HUNAN JINYANG INVESTM 4.37 01/19/23 CNY 40.10
HUNAN JINYANG INVESTM 4.39 04/06/23 CNY 39.97
HUNAN JINYANG INVESTM 4.39 04/06/23 CNY 40.13
HUNAN JINYANG NEW CIT 4.43 10/23/22 CNY 20.11
HUNAN JINYANG NEW CIT 4.43 10/23/22 CNY 20.11
HUNAN LINGANG DEVELOP 4.24 07/21/23 CNY 39.11
HUNAN LINGANG DEVELOP 4.24 07/21/23 CNY 39.55
HUNAN LINGANG DEVELOP 3.94 10/26/23 CNY 38.14
HUNAN LINGANG DEVELOP 3.94 10/26/23 CNY 39.45
HUNAN LOUDI ECONOMIC 6.36 03/13/22 CNY 19.64
HUNAN LOUDI ECONOMIC 6.36 03/13/22 CNY 27.00
HUNAN LOUDI ECONOMIC 4.89 03/30/23 CNY 37.64
HUNAN LOUDI ECONOMIC 4.89 03/30/23 CNY 39.17
HUNAN PROVINCIAL RAIL 6.09 04/30/25 CNY 60.00
HUNAN PROVINCIAL RAIL 6.09 04/30/25 CNY 62.72
HUNAN SENTE INDUSTRIA 6.90 11/28/24 CNY 40.00
HUNAN SHAODONG ECO-IN 6.58 12/13/23 CNY 60.40
HUNAN SHAODONG ECO-IN 6.58 12/13/23 CNY 60.95
HUNAN TIER GROUP CO L 4.20 03/17/23 CNY 38.05
HUNAN TIER GROUP CO L 4.20 03/17/23 CNY 38.06
HUNAN YOUZHOU INVESTM 4.80 07/07/23 CNY 39.91
HUNAN YOUZHOU INVESTM 4.80 07/07/23 CNY 39.92
HUNAN ZHIGU INVESTMEN 5.80 07/28/24 CNY 60.00
HUNAN ZHIGU INVESTMEN 5.80 07/28/24 CNY 61.72
INNER MONGOLIA JINLON 7.30 11/19/22 CNY 39.50
INNER MONGOLIA JINLON 7.30 11/19/22 CNY 40.41
INNER MONGOLIA KE'ERQ 6.50 03/11/22 CNY 20.00
INNER MONGOLIA KE'ERQ 6.50 03/11/22 CNY 20.00
INNER MONGOLIA KE'ERQ 6.45 04/30/22 CNY 20.09
INNER MONGOLIA KE'ERQ 6.45 04/30/22 CNY 20.13
INNER MONGOLIA ZHUNGE 6.54 12/31/21 CNY 20.10
INNER MONGOLIA ZHUNGE 6.54 12/31/21 CNY 22.10
JIAHE ZHUDU DEVELOPME 6.50 05/25/24 CNY 61.38
JIAHE ZHUDU DEVELOPME 6.50 05/25/24 CNY 61.38
JIAN CITY JINGANGSHAN 4.87 01/27/23 CNY 39.91
JIAN CITY JINGANGSHAN 4.87 01/27/23 CNY 39.96
JIANAN INVESTMENT HOL 4.30 03/08/23 CNY 40.34
JIANAN INVESTMENT HOL 4.30 03/08/23 CNY 40.38
JIANAN INVESTMENT HOL 3.50 09/05/23 CNY 39.70
JIANAN INVESTMENT HOL 3.50 09/05/23 CNY 40.08
JIANAN INVESTMENT HOL 3.85 09/05/23 CNY 40.20
JIANAN INVESTMENT HOL 3.85 09/05/23 CNY 40.28
JIANGMEN NEW HI-TECH 6.03 04/22/22 CNY 20.25
JIANGMEN NEW HI-TECH 6.03 04/22/22 CNY 20.35
JIANGSU BEIGU INDUSTR 5.80 06/20/23 CNY 39.77
JIANGSU BEIGU INDUSTR 5.80 06/20/23 CNY 39.96
JIANGSU DAHANG LINGAN 5.18 09/22/23 CNY 39.31
JIANGSU DAHANG LINGAN 5.18 09/22/23 CNY 39.47
JIANGSU GAOCHUN ECONO 3.67 09/23/23 CNY 39.75
JIANGSU GAOCHUN ECONO 3.67 09/23/23 CNY 39.76
JIANGSU GAOCHUN ECONO 3.92 11/23/23 CNY 59.89
JIANGSU GAOCHUN ECONO 3.92 11/23/23 CNY 60.02
JIANGSU GAOCHUN ECONO 5.66 06/26/24 CNY 61.39
JIANGSU GAOCHUN ECONO 5.66 06/26/24 CNY 61.43
JIANGSU GAOCHUN ECONO 6.08 08/14/24 CNY 59.57
JIANGSU GAOCHUN ECONO 6.08 08/14/24 CNY 61.93
JIANGSU HAIRUN CITY D 6.22 04/03/22 CNY 20.22
JIANGSU HAIRUN CITY D 6.22 04/03/22 CNY 20.25
JIANGSU HAIZHOU DEVEL 4.67 06/06/23 CNY 39.60
JIANGSU HAIZHOU DEVEL 4.67 06/06/23 CNY 40.37
JIANGSU HAIZHOUWAN DE 5.38 03/29/23 CNY 29.70
JIANGSU HANRUI INVEST 4.63 04/15/23 CNY 40.42
JIANGSU HANRUI INVEST 4.63 04/15/23 CNY 40.44
JIANGSU HANRUI INVEST 5.00 08/31/23 CNY 38.08
JIANGSU HANRUI INVEST 5.00 08/31/23 CNY 39.70
JIANGSU HONGZE LAKE S 6.50 08/01/24 CNY 60.16
JIANGSU JINHUI GROUP 5.16 07/14/24 CNY 61.34
JIANGSU JINHUI GROUP 5.16 07/14/24 CNY 63.60
JIANGSU JINTAN GUOFA 4.60 08/22/23 CNY 39.79
JIANGSU JINTAN GUOFA 4.60 08/22/23 CNY 39.80
JIANGSU KAIYUAN INVES 7.08 08/03/24 CNY 59.44
JIANGSU KAIYUAN INVES 7.08 08/03/24 CNY 60.00
JIANGSU RUNCHENG ASSE 5.65 04/19/24 CNY 61.11
JIANGSU RUNCHENG ASSE 5.65 04/19/24 CNY 62.65
JIANGSU WUZHONG ECONO 5.49 11/19/21 CNY 20.01
JIANGSU WUZHONG ECONO 5.49 11/19/21 CNY 20.32
JIANGSU XISHAN ECONOM 5.78 07/20/22 CNY 20.37
JIANGSU XISHAN ECONOM 5.78 07/20/22 CNY 20.50
JIANGSU YANGKOU PORT 6.23 04/10/22 CNY 20.11
JIANGSU YANGKOU PORT 6.23 04/10/22 CNY 27.50
JIANGSU YINGZHOU DEVE 4.33 09/21/23 CNY 38.19
JIANGSU YINGZHOU DEVE 4.33 09/21/23 CNY 38.43
JIANGSU YIXING ENVIRO 4.08 09/14/23 CNY 40.03
JIANGSU YIXING ENVIRO 4.08 09/14/23 CNY 40.15
JIANGSU ZHONGAN CONST 5.65 03/24/24 CNY 60.79
JIANGSU ZHONGAN CONST 5.65 03/24/24 CNY 62.40
JIANGSU ZHONGGUANCUN 5.70 08/30/24 CNY 61.60
JIANGSU ZHONGGUANCUN 5.70 08/30/24 CNY 61.74
JIANGSU ZHUFU INDUSTR 4.47 07/20/23 CNY 38.90
JIANGSU ZHUFU INDUSTR 4.47 07/20/23 CNY 39.30
JIANGXI HEJI INVESTME 5.09 12/17/22 CNY 39.61
JIANGXI HEJI INVESTME 5.09 12/17/22 CNY 40.00
JIANGXI LONGHU MOUNTA 4.35 03/16/23 CNY 39.58
JIANGXI LONGHU MOUNTA 4.35 03/16/23 CNY 39.78
JIANGXI PINGXIANG CHA 6.00 08/11/24 CNY 60.00
JIANGXI PINGXIANG CHA 6.00 08/11/24 CNY 60.21
JIANGYOU HONGFEI INVE 6.55 09/02/22 CNY 20.10
JIANGYOU HONGFEI INVE 6.55 09/02/22 CNY 20.31
JIANHU URBAN CONSTRUC 6.30 06/01/22 CNY 19.96
JIANHU URBAN CONSTRUC 6.30 06/01/22 CNY 22.86
JIANLI FENGYUAN CITY 6.78 04/28/24 CNY 61.44
JIANLI FENGYUAN CITY 6.78 04/28/24 CNY 61.45
JIANYANG DEVELOPMENT 3.93 11/10/23 CNY 58.49
JIANYANG DEVELOPMENT 3.93 11/10/23 CNY 58.58
JIANYANG MODERN INDUS 6.00 04/24/24 CNY 60.19
JIANYANG MODERN INDUS 6.00 04/24/24 CNY 60.61
JIAXING JIAXIU DEVELO 5.60 09/25/24 CNY 61.80
JIAXING JIAXIU DEVELO 5.60 09/25/24 CNY 61.99
JIAXING XIANGJIADANG 4.13 07/20/23 CNY 39.64
JIAXING XIANGJIADANG 4.13 07/20/23 CNY 40.34
JIAXING XIANGJIADANG 3.87 09/21/23 CNY 39.38
JIAXING XIANGJIADANG 3.87 09/21/23 CNY 40.09
JIAYU COUNTY URBAN TO 5.70 01/19/23 CNY 40.00
JIAYU COUNTY URBAN TO 5.70 01/19/23 CNY 40.19
JIAYU COUNTY URBAN TO 6.50 01/19/24 CNY 60.55
JIAYU COUNTY URBAN TO 6.50 01/19/24 CNY 61.04
JIAYU COUNTY URBAN TO 5.70 03/23/24 CNY 60.57
JIAYU COUNTY URBAN TO 5.70 03/23/24 CNY 60.57
JILIN CITY CONSTRUCTI 3.80 01/27/23 CNY 37.00
JILIN CITY CONSTRUCTI 3.80 01/27/23 CNY 39.79
JILIN ECONOMIC AND TE 6.20 04/29/23 CNY 40.07
JILIN ECONOMIC AND TE 6.20 04/29/23 CNY 40.17
JINAN CITY LICHENG DI 5.00 06/23/22 CNY 20.00
JINAN CITY LICHENG DI 5.00 06/23/22 CNY 20.10
JINCHANG CONSTRUCTION 6.79 12/21/22 CNY 20.00
JINCHANG CONSTRUCTION 6.79 12/21/22 CNY 40.40
JINCHENG STATE-OWNED 4.99 11/11/21 CNY 20.00
JINCHENG STATE-OWNED 4.99 11/11/21 CNY 20.10
JINGDEZHEN CERAMIC CU 5.38 11/27/22 CNY 39.96
JINGDEZHEN CERAMIC CU 5.38 11/27/22 CNY 40.00
JINGJIANG BINJIANG XI 5.37 07/25/24 CNY 60.31
JINGJIANG BINJIANG XI 5.37 07/25/24 CNY 63.53
JINGJIANG CITY INVEST 4.55 03/30/23 CNY 39.86
JINGJIANG CITY INVEST 4.55 03/30/23 CNY 39.94
JINGMEN CITY CONSTRUC 6.85 07/09/22 CNY 15.00
JINGMEN CITY CONSTRUC 6.85 07/09/22 CNY 15.35
JINGMEN HIGH-TECH DEV 5.48 08/11/22 CNY 19.80
JINGMEN HIGH-TECH DEV 5.48 08/11/22 CNY 20.19
JINGMEN HIGH-TECH DEV 4.15 07/28/23 CNY 39.62
JINGMEN HIGH-TECH DEV 4.15 07/28/23 CNY 39.83
JINGSHAN JINGCHENG IN 4.38 08/29/23 CNY 39.22
JINGSHAN JINGCHENG IN 4.38 08/29/23 CNY 40.29
JINGZHOU DEVELOPMENT 4.87 09/23/26 CNY 65.26
JINGZHOU DEVELOPMENT 4.87 09/23/26 CNY 69.64
JINGZHOU URBAN CONSTR 3.97 03/10/23 CNY 40.10
JINGZHOU URBAN CONSTR 3.97 03/10/23 CNY 40.23
JINGZHOU URBAN CONSTR 5.68 07/20/24 CNY 61.55
JINGZHOU URBAN CONSTR 5.68 07/20/24 CNY 61.70
JINHU COUNTY STATE-OW 4.00 07/26/22 CNY 25.13
JINHU COUNTY STATE-OW 4.00 07/26/22 CNY 25.13
JINING CITY SHIZHONG 6.39 01/29/22 CNY 19.98
JINING CITY SHIZHONG 6.39 01/29/22 CNY 24.44
JINING CITY SHIZHONG 3.52 09/14/23 CNY 38.98
JINING HIGH TECH URBA 6.09 04/30/22 CNY 20.19
JINING HIGH TECH URBA 6.09 04/30/22 CNY 21.50
JINING HIGH TECH URBA 5.88 04/25/23 CNY 71.15
JINNENG HOLDING COAL 5.20 04/24/28 CNY 75.00
JINSHA COUNTY CONSTRU 6.01 09/05/23 CNY 37.96
JINSHA COUNTY CONSTRU 6.01 09/05/23 CNY 38.69
JINTANG MODERN AGRICU 5.49 07/14/23 CNY 40.00
JINTANG MODERN AGRICU 5.49 07/14/23 CNY 40.22
JINXIAN COUNTY CITY C 6.20 07/24/24 CNY 60.98
JINZHAI URBAN DEVELOP 5.90 04/25/23 CNY 40.80
JINZHAI URBAN DEVELOP 5.90 04/25/23 CNY 40.80
JISHOU HUATAI STATE O 7.18 02/09/22 CNY 20.02
JISHOU HUATAI STATE O 7.18 02/09/22 CNY 22.82
JISHOU HUATAI STATE O 6.50 06/21/24 CNY 59.67
JISHOU HUATAI STATE O 6.50 06/21/24 CNY 62.50
JISHOU HUATAI STATE O 6.45 09/11/24 CNY 59.51
JISHOU HUATAI STATE O 6.45 09/11/24 CNY 60.00
JIUJIANG CITY CONSTRU 5.50 05/22/22 CNY 19.55
JIUJIANG CITY CONSTRU 5.50 05/22/22 CNY 20.24
JIUJIANG LAND INVESTM 6.20 03/23/22 CNY 20.13
JIUJIANG LAND INVESTM 6.20 03/23/22 CNY 20.36
JIUJIANG LIANXI DISTR 4.58 03/30/23 CNY 39.84
JIUJIANG LIANXI DISTR 4.58 03/30/23 CNY 40.01
JIXI STATE OWN ASSET 6.87 01/19/22 CNY 19.98
JIXI STATE OWN ASSET 6.87 01/19/22 CNY 20.04
JUNAN CITY STATE OWNE 7.50 09/26/24 CNY 59.81
JUNAN CITY STATE OWNE 7.50 09/26/24 CNY 62.63
JURONG URBAN CONSTRUC 6.89 09/18/24 CNY 60.00
JURONG URBAN CONSTRUC 6.89 09/18/24 CNY 61.09
JURONG URBAN CONSTRUC 6.80 11/06/24 CNY 60.83
KAIFENG URBAN OPERATI 6.35 03/23/22 CNY 20.09
KAIFENG URBAN OPERATI 6.35 03/23/22 CNY 20.09
KAIFU CITY DEVELOPMEN 4.20 01/21/23 CNY 39.85
KAIFU CITY DEVELOPMEN 4.20 01/21/23 CNY 40.13
KAIFU CITY DEVELOPMEN 3.73 08/22/23 CNY 39.85
KAIFU CITY DEVELOPMEN 3.73 08/22/23 CNY 40.21
KAILI GUIZHOU TOWN CO 5.29 12/17/22 CNY 38.94
KAILI GUIZHOU TOWN CO 5.29 12/17/22 CNY 40.00
KAILI GUIZHOU TOWN CO 4.20 10/13/23 CNY 37.07
KAILI GUIZHOU TOWN CO 4.20 10/13/23 CNY 37.07
KANGMEI PHARMACEUTICA 6.28 03/20/21 CNY 20.50
KANGMEI PHARMACEUTICA 6.10 03/28/21 CNY 20.50
KANGMEI PHARMACEUTICA 5.50 04/20/21 CNY 20.50
KANGMEI PHARMACEUTICA 7.00 06/21/21 CNY 20.50
KANGMEI PHARMACEUTICA 6.80 06/28/21 CNY 20.50
KANGMEI PHARMACEUTICA 6.33 01/27/22 CNY 36.69
KANGMEI PHARMACEUTICA 5.20 07/17/22 CNY 20.50
KANGMEI PHARMACEUTICA 5.29 08/16/22 CNY 20.50
KANGMEI PHARMACEUTICA 5.47 09/15/22 CNY 20.50
KASHI URBAN CONSTRUCT 5.80 07/20/22 CNY 20.10
KASHI URBAN CONSTRUCT 5.80 07/20/22 CNY 20.16
KUNMING DIANCHI INVES 5.75 07/24/24 CNY 59.79
KUNMING DIANCHI INVES 5.75 07/24/24 CNY 59.83
KUNSHAN YINQIAO HOLDI 5.50 10/18/24 CNY 62.25
KUNSHAN YINQIAO HOLDI 5.50 10/18/24 CNY 64.10
LAOHEKOU CITY CONSTRU 6.75 08/12/22 CNY 20.06
LAOHEKOU CITY CONSTRU 6.49 08/16/24 CNY 60.00
LAOHEKOU CITY CONSTRU 6.49 08/16/24 CNY 61.14
LEIYANG CITY AND RURA 7.80 04/10/22 CNY 20.31
LEIYANG CITY AND RURA 7.80 04/10/22 CNY 20.32
LEPING STATE-OWNED AS 3.70 10/20/23 CNY 39.42
LEPING STATE-OWNED AS 3.70 10/20/23 CNY 39.79
LIANYUNGANG HENGCHI I 7.45 09/22/24 CNY 58.73
LIANYUNGANG HENGCHI I 7.45 09/22/24 CNY 60.00
LIANYUNGANG HENGCHI I 7.40 10/27/24 CNY 60.00
LIANYUNGANG HENGCHI I 7.40 10/27/24 CNY 62.23
LIANYUNGANG TRANSPORT 5.47 11/17/21 CNY 20.01
LIANYUNGANG TRANSPORT 5.47 11/17/21 CNY 25.00
LIAOCHENG ANTAI URBAN 5.16 04/11/23 CNY 39.56
LIAOCHENG ANTAI URBAN 4.58 04/11/23 CNY 39.63
LIAOCHENG ANTAI URBAN 4.58 04/11/23 CNY 39.68
LIAOCHENG ANTAI URBAN 5.16 04/11/23 CNY 40.00
LIAOCHENG XINGYE HOLD 5.20 04/13/23 CNY 39.49
LIAOCHENG XINGYE HOLD 5.20 04/13/23 CNY 39.49
LIAONING GUANLONG CON 4.70 11/10/23 CNY 59.00
LIAONING GUANLONG CON 4.70 11/10/23 CNY 59.80
LIAONING YAODU DEVELO 6.50 04/29/23 CNY 40.62
LILING HIGH-TECH INDU 4.93 01/19/23 CNY 39.32
LINFEN YAODU DISTRICT 7.19 03/13/22 CNY 20.14
LINWU SHUNFA URBAN CO 7.00 08/23/24 CNY 60.00
LINWU SHUNFA URBAN CO 7.00 08/23/24 CNY 60.26
LINYI CITY DEVELOPMEN 3.85 11/22/23 CNY 59.36
LINYI CITY DEVELOPMEN 3.85 11/22/23 CNY 60.21
LISHUI CITY CULTURAL 5.67 08/13/22 CNY 20.03
LISHUI CITY CULTURAL 5.67 08/13/22 CNY 20.11
LIUPANSHUI CITY TRAFF 5.98 05/02/24 CNY 57.42
LIUPANSHUI CITY TRAFF 5.98 05/02/24 CNY 60.56
LIUPANSHUI DEVELOPMEN 3.74 01/20/23 CNY 39.70
LIUPANSHUI DEVELOPMEN 3.74 01/20/23 CNY 40.00
LIUPANSHUI MINSHENG I 5.08 01/29/23 CNY 36.70
LIUYANG MODERN MANUFA 4.72 01/19/23 CNY 39.81
LIUYANG MODERN MANUFA 4.72 01/19/23 CNY 39.82
LIUYANG MODERN MANUFA 5.75 05/02/24 CNY 61.69
LIUYANG MODERN MANUFA 5.88 08/10/24 CNY 62.26
LIUYANG MODERN MANUFA 5.88 08/10/24 CNY 62.37
LIUYANG URBAN CONSTRU 4.45 05/24/23 CNY 39.84
LIUYANG URBAN CONSTRU 4.45 05/24/23 CNY 40.49
LIUZHOU CITY INVESTME 7.18 12/31/22 CNY 29.91
LIUZHOU DONGTONG INVE 4.45 07/22/23 CNY 37.96
LIUZHOU DONGTONG INVE 4.45 07/22/23 CNY 38.00
LIUZHOU LONGJIAN INVE 8.28 04/30/24 CNY 44.50
LIUZHOU LONGJIAN INVE 8.28 04/30/24 CNY 45.83
LONGCHANG DEVELOPMENT 7.09 10/31/24 CNY 60.00
LONGCHANG DEVELOPMENT 7.09 10/31/24 CNY 61.82
LONGYAN RAILWAY CONST 4.98 04/13/23 CNY 39.82
LONGYAN RAILWAY CONST 4.98 04/13/23 CNY 39.98
LOUDI TIDU INVESTMENT 4.83 01/20/23 CNY 39.79
LOUDI TIDU INVESTMENT 4.83 01/20/23 CNY 39.93
LOUDI WANBAO NEW DIST 5.13 02/01/23 CNY 39.29
LOUDI WANBAO NEW DIST 5.13 02/01/23 CNY 39.35
LOUDI WANBAO NEW DIST 4.42 08/01/23 CNY 38.56
LOUDI WANBAO NEW DIST 4.42 08/01/23 CNY 39.72
LU'AN JIN'AN DISTRICT 5.95 07/24/24 CNY 61.71
LUJIANG CITY CONSTRUC 6.70 04/16/22 CNY 20.00
LUJIANG CITY CONSTRUC 6.70 04/16/22 CNY 20.30
LUOYANG CITY COUNTRY 4.28 04/26/23 CNY 40.30
LUOYANG CITY COUNTRY 4.28 04/26/23 CNY 40.53
LUOYANG CITY DEVELOPM 4.47 12/02/22 CNY 40.00
LUOYANG CITY DEVELOPM 4.47 12/02/22 CNY 40.25
LUXI URBAN CONSTRUCTI 6.80 10/27/24 CNY 60.00
LUXI URBAN CONSTRUCTI 6.80 10/27/24 CNY 60.10
LUZHOU FUYANG INVESTM 5.00 08/11/23 CNY 36.85
LUZHOU FUYANG INVESTM 5.00 08/11/23 CNY 39.01
LUZHOU HUIXING INVEST 6.28 10/19/24 CNY 61.16
LUZHOU HUIXING INVEST 6.28 10/19/24 CNY 62.31
LUZHOU XINGLU INVESTM 6.41 04/23/25 CNY 60.00
LUZHOU XINGLU INVESTM 6.41 04/23/25 CNY 63.34
LUZHOU XINGYANG INVES 4.87 01/28/23 CNY 39.49
LUZHOU XINGYANG INVES 4.87 01/28/23 CNY 39.51
MA'ANSHAN CIHU HIGH T 3.90 11/28/23 CNY 60.23
MA'ANSHAN CIHU HIGH T 3.90 11/28/23 CNY 60.35
MAANSHAN ECONOMIC TEC 6.49 03/06/22 CNY 20.14
MAANSHAN ECONOMIC TEC 6.49 03/06/22 CNY 24.99
MAANSHAN HUASHAN DIST 6.07 04/20/22 CNY 20.20
MAANSHAN HUASHAN DIST 6.07 04/20/22 CNY 20.45
MAANSHAN NINGBO INVES 7.50 04/18/26 CNY 40.00
MAANSHAN SOUTHERN IND 4.53 07/25/23 CNY 38.96
MAANSHAN SOUTHERN IND 4.53 07/25/23 CNY 39.50
MAANSHAN SOUTHERN IND 4.43 09/02/23 CNY 39.29
MAANSHAN SOUTHERN IND 4.43 09/02/23 CNY 39.36
MAANSHAN YUSHAN CITY 5.62 07/31/24 CNY 60.60
MAANSHAN YUSHAN CITY 5.62 07/31/24 CNY 60.61
MAANSHAN YUSHAN CITY 5.85 09/22/24 CNY 60.90
MAANSHAN YUSHAN CITY 5.85 09/22/24 CNY 60.90
MA'ANSHAN ZHENGPU HAR 6.00 10/13/24 CNY 62.04
MA'ANSHAN ZHENGPU HAR 6.00 10/13/24 CNY 64.26
MEISHAN CITY DONGPO D 5.90 06/30/23 CNY 38.93
MEISHAN CITY DONGPO D 5.90 06/30/23 CNY 39.23
MEISHAN HONGDA CONSTR 4.18 03/28/23 CNY 39.55
MEISHAN HONGDA CONSTR 4.18 03/28/23 CNY 39.89
MEISHAN MINDONG DEVEL 6.78 08/08/24 CNY 59.97
MEISHAN MINDONG DEVEL 6.78 08/08/24 CNY 61.75
MEIZHOU CITY XIN JIN 6.02 04/22/22 CNY 20.27
MEIZHOU CITY XIN JIN 6.02 04/22/22 CNY 25.32
MEIZHOU MEI COUNTY DI 5.00 12/30/22 CNY 39.92
MEIZHOU MEI COUNTY DI 5.00 12/30/22 CNY 40.10
MENGCHENG COUNTY URBA 5.60 09/21/24 CNY 61.60
MENGZI CITY DEVELOPME 7.65 09/25/24 CNY 62.44
MENGZI CITY DEVELOPME 7.65 09/25/24 CNY 62.53
MENGZI NEW CITY DEVEL 6.50 12/09/27 CNY 92.00
MIANYANG HONGDA ASSET 7.20 09/29/24 CNY 60.00
MIANYANG HONGDA ASSET 7.20 09/29/24 CNY 62.45
MUDANJIANG AREA URBAN 6.48 06/30/22 CNY 20.06
MUDANJIANG AREA URBAN 6.48 06/30/22 CNY 25.00
MUNICIPALITY OF SHENZ 3.00 03/29/22 CNY 20.00
MUNICIPALITY OF SHENZ 3.00 03/29/22 CNY 20.00
MUNICIPALITY OF SHENZ 3.37 03/29/26 CNY 69.66
MUNICIPALITY OF SHENZ 3.37 03/29/26 CNY 69.66
MUNICIPALITY OF SHENZ 3.37 03/29/26 CNY 70.20
MUNICIPALITY OF SHENZ 3.37 03/29/26 CNY 75.00
MUNICIPALITY OF SHENZ 3.37 03/29/26 CNY 75.00
NANCHANG ECONOMY TECH 3.83 09/22/23 CNY 39.84
NANCHANG ECONOMY TECH 3.83 09/22/23 CNY 40.15
NANCHONG AIRPORT INVE 6.80 01/26/22 CNY 20.05
NANJING BAIXIA STATE- 3.98 03/29/23 CNY 39.95
NANJING BAIXIA STATE- 3.98 03/29/23 CNY 40.28
NANJING JIANGBEI NEW 5.59 09/26/24 CNY 61.96
NANJING JIANGBEI NEW 5.59 09/26/24 CNY 62.50
NANJING JIANGNING ECO 7.94 04/14/24 CNY 47.62
NANJING JIANGNING URB 3.48 11/11/23 CNY 59.57
NANJING JIANGNING URB 3.48 11/11/23 CNY 59.88
NANJING JIANYE SCIENC 4.37 06/24/23 CNY 40.20
NANJING JIANYE SCIENC 4.37 06/24/23 CNY 40.49
NANJING LISHUI ECONOM 3.41 11/09/23 CNY 39.81
NANJING LISHUI ECONOM 3.41 11/09/23 CNY 60.07
NANJING LISHUI URBAN 4.97 04/28/23 CNY 40.00
NANJING LISHUI URBAN 4.97 04/28/23 CNY 40.49
NANJING METRO GROUP C 3.29 08/29/23 CNY 40.01
NANJING PUKOU COMMUNI 5.46 07/19/24 CNY 61.77
NANJING QIXIA STATE-O 4.10 06/24/23 CNY 40.12
NANJING QIXIA STATE-O 4.10 06/24/23 CNY 40.29
NANJING STATE OWNED A 5.60 03/06/23 CNY 30.64
NANLING COUNTY CONSTR 6.20 09/06/24 CNY 60.00
NANLING COUNTY CONSTR 6.20 09/06/24 CNY 60.12
NANNING HI-TECH INDUS 4.28 03/25/23 CNY 35.20
NANNING HI-TECH INDUS 4.28 03/25/23 CNY 39.94
NANNING HI-TECH INDUS 3.82 10/20/23 CNY 39.34
NANNING HI-TECH INDUS 3.82 10/20/23 CNY 39.49
NANPING CITY WUYI NEW 4.96 09/28/22 CNY 20.20
NANPING CITY WUYI NEW 4.96 09/28/22 CNY 20.23
NANTONG CHONGCHUAN UR 5.70 07/21/22 CNY 40.00
NANTONG CHONGCHUAN UR 5.70 07/21/22 CNY 40.86
NANTONG CITY TONGZHOU 3.75 07/07/23 CNY 40.00
NANTONG CITY TONGZHOU 3.75 07/07/23 CNY 40.00
NANTONG CITY TONGZHOU 4.88 04/10/24 CNY 60.93
NANTONG HIGH TECHNOLO 5.00 10/19/22 CNY 20.20
NANTONG HIGH TECHNOLO 5.00 10/19/22 CNY 20.34
NANTONG SHIBEI NEW CI 5.98 08/07/24 CNY 61.15
NANTONG SHIBEI NEW CI 5.98 08/07/24 CNY 61.69
NANTONG SUTONG HOLDIN 6.20 03/18/22 CNY 20.00
NANTONG SUTONG HOLDIN 6.20 03/18/22 CNY 20.14
NANTONG YUNTONG PORT 6.13 08/10/24 CNY 56.00
NANTONG YUNTONG PORT 6.13 08/10/24 CNY 59.87
NANYANG HIGH-TECH DIS 6.45 04/29/23 CNY 40.18
NANYANG HIGH-TECH DIS 6.45 04/29/23 CNY 40.57
NANZHANG COUNTY CONST 6.00 01/20/24 CNY 61.26
NANZHANG COUNTY CONST 6.00 01/20/24 CNY 61.30
NANZHANG COUNTY CONST 6.58 10/25/24 CNY 60.00
NANZHANG COUNTY CONST 6.58 10/25/24 CNY 62.77
NEIJIANG CITY XINGYUA 4.28 08/16/23 CNY 39.57
NEIJIANG CITY XINGYUA 4.28 08/16/23 CNY 39.62
NEIJIANG STATE-OWNED 6.20 04/12/23 CNY 39.55
NEIJIANG STATE-OWNED 6.20 04/12/23 CNY 40.04
NEIJINAG CONSTRUCTION 5.03 12/25/22 CNY 36.36
NEIJINAG CONSTRUCTION 5.03 12/25/22 CNY 38.96
NEOGLORY HOLDING GROU 8.10 11/23/18 CNY 72.00
NEOGLORY HOLDING GROU 8.00 09/25/20 CNY 60.00
NEOGLORY HOLDING GROU 8.00 10/22/20 CNY 56.00
NINGBO CITY ZHENHAI I 5.85 12/04/21 CNY 20.05
NINGBO FENGHUA INVEST 4.58 03/28/22 CNY 50.14
NINGBO FENGHUA INVEST 4.58 03/28/22 CNY 50.20
NINGBO MEISHAN ISLAND 6.27 03/23/22 CNY 20.24
NINGBO MEISHAN ISLAND 6.27 03/23/22 CNY 28.29
NINGGUO CITY STATE OW 7.14 08/07/24 CNY 60.80
NINGGUO CITY STATE OW 7.14 08/07/24 CNY 62.27
NINGXIA SHENG YAN IND 7.50 09/27/23 CNY 42.45
NINGXIANG CITY CONSTR 6.70 01/20/22 CNY 20.12
NINGXIANG CITY CONSTR 6.70 01/20/22 CNY 20.20
NINGXIANG CITY CONSTR 6.00 06/02/26 CNY 73.23
NINGXIANG ECONOMIC TE 3.87 01/27/23 CNY 40.00
NINGXIANG ECONOMIC TE 3.87 01/27/23 CNY 40.22
NINGXIANG STATE-OWNED 4.89 06/03/23 CNY 39.93
NINGXIANG STATE-OWNED 4.89 06/03/23 CNY 40.37
NINGXIANG STATE-OWNED 3.88 11/02/23 CNY 39.41
NINGXIANG STATE-OWNED 3.88 11/02/23 CNY 60.00
ONE BELT ONE ROAD JIA 4.70 07/15/23 CNY 40.44
ONE BELT ONE ROAD JIA 4.70 07/15/23 CNY 40.45
PANJIN WATER GROUP CO 5.18 10/28/23 CNY 36.52
PANSHAN COUNTY STATE- 7.48 01/21/22 CNY 20.06
PANSHAN COUNTY STATE- 7.48 01/21/22 CNY 20.06
PANZHIHUA STATE OWNED 8.18 03/13/22 CNY 20.21
PANZHIHUA STATE OWNED 8.18 03/13/22 CNY 20.45
PEIXIAN CITY INVESTME 5.20 11/10/22 CNY 40.00
PEIXIAN CITY INVESTME 5.20 11/10/22 CNY 40.19
PEIXIAN STATE-OWNED A 5.98 07/19/24 CNY 60.00
PEIXIAN STATE-OWNED A 5.98 07/19/24 CNY 61.01
PEKING UNIVERSITY FOU 6.20 05/31/20 CNY 11.00
PEKING UNIVERSITY FOU 6.15 07/23/20 CNY 11.00
PEKING UNIVERSITY FOU 6.30 09/12/20 CNY 11.00
PEKING UNIVERSITY FOU 4.80 07/26/21 CNY 11.00
PEKING UNIVERSITY FOU 6.10 08/22/21 CNY 11.00
PEKING UNIVERSITY FOU 5.99 11/02/21 CNY 11.00
PEKING UNIVERSITY FOU 5.80 01/28/22 CNY 11.00
PEKING UNIVERSITY FOU 6.68 08/09/23 CNY 11.00
PEKING UNIVERSITY FOU 6.50 11/16/23 CNY 11.00
PEKING UNIVERSITY FOU 6.30 03/04/24 CNY 11.00
PENGSHAN DEVELOPMENT 7.00 09/05/24 CNY 60.00
PENGSHAN DEVELOPMENT 7.00 09/05/24 CNY 62.44
PENGZHOU STATE-PENGZH 3.95 10/20/23 CNY 37.98
PINGHU CITY INVESTMEN 5.13 04/29/23 CNY 40.65
PINGHU CITY INVESTMEN 5.13 04/29/23 CNY 40.65
PINGJIANG COUNTY WATE 6.64 06/27/26 CNY 71.12
PINGLIANG CULTURAL & 6.85 11/30/22 CNY 36.00
PINGLIANG CULTURAL & 6.85 11/30/22 CNY 39.83
PINGTAN COMPREHENSIVE 3.92 01/29/23 CNY 39.60
PINGXIANG CHANGXING I 5.26 04/11/23 CNY 39.31
PINGXIANG CHANGXING I 5.26 04/11/23 CNY 40.40
PINGXIANG HUIFENG INV 6.60 01/26/22 CNY 19.95
PINGXIANG HUIFENG INV 6.60 01/26/22 CNY 19.98
PINGXIANG HUIFENG INV 5.79 09/21/24 CNY 60.70
PINGXIANG HUIFENG INV 5.79 09/21/24 CNY 61.40
PINGYANG STATE-OWNED 4.97 01/08/23 CNY 40.00
PINGYANG STATE-OWNED 4.97 01/08/23 CNY 40.39
PIZHOU CITY HENGRUN I 6.46 12/05/21 CNY 20.03
PIZHOU CITY HENGRUN I 6.46 12/05/21 CNY 22.46
PIZHOU ECONOMIC DEVEL 5.00 10/29/22 CNY 19.79
PIZHOU ECONOMIC DEVEL 5.00 10/29/22 CNY 20.00
PIZHOU ECONOMIC DEVEL 6.66 09/19/24 CNY 61.00
PIZHOU ECONOMIC DEVEL 6.66 09/19/24 CNY 61.82
POYANG INVESTMENT & D 6.53 08/08/24 CNY 60.00
POYANG INVESTMENT & D 6.53 08/08/24 CNY 62.76
PUCHENG INVESTMENT DE 6.57 08/10/24 CNY 60.00
PUCHENG INVESTMENT DE 6.57 08/10/24 CNY 61.60
PUDING YELANG STATE-O 7.79 11/13/24 CNY 74.00
PUTIAN HIGH TECHNOLOG 5.90 05/03/22 CNY 25.13
PUTIAN HIGH TECHNOLOG 5.90 05/03/22 CNY 25.14
PUYANG INVESTMENT GRO 5.18 08/17/24 CNY 61.57
PUYANG INVESTMENT GRO 5.18 08/17/24 CNY 61.69
QIANAN XINGYUAN WATER 6.25 04/22/22 CNY 20.17
QIANAN XINGYUAN WATER 6.25 04/22/22 CNY 20.24
QIANDONGNAN TRANSPORT 5.79 12/21/22 CNY 37.55
QIANDONGNAN TRANSPORT 5.79 12/21/22 CNY 38.10
QIANDONGNANZHOU KAIHO 5.30 09/22/26 CNY 48.25
QIANDONGNANZHOU KAIHO 5.30 09/22/26 CNY 54.03
QIANJIANG URBAN CONST 5.19 12/21/22 CNY 39.98
QIANJIANG URBAN CONST 5.19 12/21/22 CNY 40.00
QIANNAN AUTONOMOUS PR 6.99 04/19/24 CNY 57.36
QIANNAN AUTONOMOUS PR 6.99 04/19/24 CNY 57.42
QIANNAN AUTONOMOUS PR 6.98 07/06/24 CNY 57.01
QIANNAN AUTONOMOUS PR 6.98 07/06/24 CNY 57.18
QIANNANZHOU INVESTMEN 6.43 03/09/22 CNY 19.30
QIANNANZHOU INVESTMEN 6.43 03/09/22 CNY 19.80
QIANNANZHOU INVESTMEN 6.77 07/28/24 CNY 49.80
QIANXINAN AUTONOMOUS 5.90 06/22/23 CNY 39.52
QIANXINAN AUTONOMOUS 5.90 06/22/23 CNY 40.36
QICHUN COUNTY CONSTRU 4.96 10/18/23 CNY 39.38
QICHUN COUNTY CONSTRU 4.96 10/18/23 CNY 39.40
QIDONG COMMUNICATIONS 4.00 03/18/23 CNY 40.08
QIDONG COMMUNICATIONS 4.00 03/18/23 CNY 40.27
QIDONG STATE-OWNED AS 7.30 11/20/22 CNY 30.64
QIDONG STATE-OWNED AS 4.00 03/09/23 CNY 40.17
QIDONG STATE-OWNED AS 4.00 03/09/23 CNY 40.30
QIDONG URBAN CONSTRUC 5.25 08/16/24 CNY 61.80
QIDONG URBAN CONSTRUC 5.25 08/16/24 CNY 62.50
QIHE CITY OPERATION C 5.10 03/07/23 CNY 39.78
QIHE CITY OPERATION C 5.10 03/07/23 CNY 40.01
QINGDAO CHANGYANG INV 3.73 09/12/23 CNY 39.33
QINGDAO CHANGYANG INV 3.73 09/12/23 CNY 39.35
QINGDAO CONSON DEVELO 6.40 12/12/22 CNY 30.51
QINGDAO CONSON DEVELO 6.40 12/12/22 CNY 30.63
QINGDAO JIMO CITY TOU 5.47 11/17/21 CNY 20.01
QINGDAO JIMO CITY TOU 5.47 11/17/21 CNY 21.65
QINGDAO JIMO CITY TOU 5.35 07/10/24 CNY 61.00
QINGDAO JIMO CITY TOU 5.35 07/10/24 CNY 61.41
QINGDAO OCEAN INVESTM 4.36 05/12/23 CNY 40.18
QINGDAO OCEAN INVESTM 4.36 05/12/23 CNY 40.37
QINGDAO SHAOHAI INVES 6.47 10/31/24 CNY 60.23
QINGDAO SHAOHAI INVES 6.47 10/31/24 CNY 61.64
QINGDAO WEST COAST DE 4.26 06/06/23 CNY 40.10
QINGDAO WEST COAST DE 4.26 06/06/23 CNY 40.33
QINGHAI PROVINCIAL IN 7.25 02/22/20 USD 34.62
QINGHAI PROVINCIAL IN 7.88 03/22/21 USD 35.19
QINGHAI PROVINCIAL IN 6.40 07/10/21 USD 35.80
QINGHAI STATE-OWNED A 5.90 12/17/22 CNY 72.00
QINGHAI STATE-OWNED A 5.40 05/21/23 CNY 68.20
QINGHAI STATE-OWNED A 6.38 08/14/28 CNY 70.13
QINGHAI STATE-OWNED A 7.20 11/25/28 CNY 70.13
QINGHAI STATE-OWNED A 6.70 10/10/29 CNY 70.13
QINGZHOU CITY CONSTRU 6.40 07/10/24 CNY 60.00
QINGZHOU CITY CONSTRU 6.40 07/10/24 CNY 61.00
QINGZHOU CITY CONSTRU 6.80 08/25/24 CNY 58.08
QINHUANGDAO CITY DEVE 4.69 04/14/23 CNY 40.09
QINHUANGDAO CITY DEVE 4.69 04/14/23 CNY 40.40
QINHUANGDAO DEVELOPME 4.07 08/26/23 CNY 38.83
QINHUANGDAO DEVELOPME 4.07 08/26/23 CNY 39.53
QIONGLAI CITY CONSTRU 6.98 03/25/22 CNY 20.16
QIONGLAI CITY CONSTRU 6.98 03/25/22 CNY 20.80
QUANJIAO URBAN INFRAS 5.10 05/18/23 CNY 40.03
QUANJIAO URBAN INFRAS 5.10 05/18/23 CNY 40.04
QUJING CITY QILIN DIS 5.37 11/26/22 CNY 39.54
QUJING CITY QILIN DIS 5.37 11/26/22 CNY 41.95
QUJING ECO TECH DEVEL 5.75 06/01/23 CNY 38.46
QUJING ECO TECH DEVEL 5.75 06/01/23 CNY 40.28
RENHUAI CITY DEVELOPM 5.12 04/14/23 CNY 39.01
RENHUAI CITY DEVELOPM 5.12 04/14/23 CNY 39.31
RENQIU CONSTRUCTION I 5.68 11/18/22 CNY 40.38
RENQIU CONSTRUCTION I 5.68 11/18/22 CNY 40.72
RENSHOU DEVELOPMENT O 6.42 12/22/22 CNY 38.00
RENSHOU DEVELOPMENT O 6.42 12/22/22 CNY 40.17
REWARD SCIENCE AND TE 5.53 07/05/21 CNY 29.10
REWARD SCIENCE AND TE 6.40 03/03/22 CNY 70.00
RISESUN REAL ESTATE D 7.22 07/23/23 CNY 27.00
RISESUN REAL ESTATE D 7.18 08/06/23 CNY 30.00
RIZHAO CITY CONSTRUCT 3.98 12/07/22 CNY 40.05
RUCHENG COUNTY URBAN 5.69 02/23/24 CNY 71.75
RUCHENG COUNTY URBAN 5.69 02/23/24 CNY 71.76
RUDONG COUNTY JINXIN 4.57 07/26/23 CNY 39.87
RUDONG COUNTY JINXIN 4.57 07/26/23 CNY 39.97
RUDONG COUNTY JINXIN 3.80 07/26/23 CNY 40.01
RUDONG COUNTY JINXIN 3.80 07/26/23 CNY 40.13
RUDONG COUNTY KAITAI 4.57 01/08/23 CNY 40.27
RUDONG NEW WORLD INVE 4.37 07/18/23 CNY 39.70
RUDONG NEW WORLD INVE 4.37 07/18/23 CNY 39.73
RUGAO ECONOMIC & TRAD 3.95 03/24/23 CNY 40.12
RUGAO ECONOMIC & TRAD 3.95 03/24/23 CNY 40.13
RUGAO TRAFFIC INDUSTR 3.74 03/23/23 CNY 40.02
RUGAO TRAFFIC INDUSTR 3.74 03/23/23 CNY 40.10
RUIAN STATE OWNED ASS 4.56 01/27/23 CNY 39.89
RUIAN STATE OWNED ASS 4.56 01/27/23 CNY 40.43
RUICHANG CITY INVESTM 5.68 03/25/23 CNY 39.88
RUICHANG CITY INVESTM 5.50 06/17/23 CNY 39.93
RUIJIN URBAN DEVELOPM 4.13 09/06/23 CNY 39.37
RUIJIN URBAN DEVELOPM 4.13 09/06/23 CNY 39.61
RUZHOU CITY XINYUAN I 4.43 09/26/23 CNY 35.50
RUZHOU CITY XINYUAN I 4.43 09/26/23 CNY 38.22
SANMEN COUNTY STATE-O 6.80 03/18/22 CNY 20.19
SANMEN COUNTY STATE-O 6.80 03/18/22 CNY 20.20
SANMING STATE-OWNED A 5.10 04/17/24 CNY 61.15
SANMING TRANSPORTATIO 3.68 03/29/23 CNY 39.20
SANMING TRANSPORTATIO 3.68 03/29/23 CNY 40.01
SHAANXI XIXIAN NEW AR 5.10 06/06/23 CNY 39.74
SHAANXI XIXIAN NEW AR 5.10 06/06/23 CNY 39.82
SHAANXI XIXIAN NEW AR 7.10 08/23/24 CNY 61.59
SHAANXI XIXIAN NEW AR 7.10 08/23/24 CNY 62.09
SHAANXI XIXIAN NEW AR 6.89 01/05/22 CNY 19.26
SHAANXI XIXIAN NEW AR 6.89 01/05/22 CNY 20.05
SHAANXI XIXIAN NEW AR 6.67 08/23/24 CNY 60.10
SHAANXI XIXIAN NEW AR 6.67 08/23/24 CNY 60.27
SHAANXI XIXIAN NEW AR 5.15 11/27/22 CNY 40.08
SHAANXI XIXIAN NEW AR 5.15 11/27/22 CNY 41.01
SHANDONG BOXING COUNT 8.00 12/22/21 CNY 20.10
SHANDONG BOXING COUNT 8.00 12/22/21 CNY 20.15
SHANDONG GAOCHUANG CO 6.05 06/18/22 CNY 20.06
SHANDONG GAOCHUANG CO 6.05 06/18/22 CNY 22.45
SHANDONG RUYI TECHNOL 7.90 09/18/23 CNY 52.10
SHANDONG TENGJIAN INV 6.00 06/08/22 CNY 20.00
SHANDONG TENGJIAN INV 6.00 06/08/22 CNY 20.04
SHANDONG WANTONG PETR 7.97 11/29/21 CNY 0.20
SHANGHAI MINHANG URBA 5.63 04/20/22 CNY 20.14
SHANGHAI MINHANG URBA 5.63 04/20/22 CNY 20.48
SHANGHAI MUNICIPAL IN 4.80 11/05/24 CNY 45.79
SHANGHAI MUNICIPAL IN 4.80 11/05/24 CNY 46.01
SHANGHAI SHIMAO CO LT 3.60 03/05/23 CNY 48.00
SHANGHAI SHIMAO JIANS 3.23 03/25/25 CNY 82.00
SHANGHAI URBAN CONSTR 3.50 01/06/23 CNY 40.00
SHANGHAI URBAN CONSTR 3.50 01/06/23 CNY 40.03
SHANGRAO CITY STATE-O 4.65 01/29/23 CNY 39.97
SHANGRAO CITY STATE-O 4.65 01/29/23 CNY 40.42
SHANTOU CITY CONSTRUC 8.57 03/23/22 CNY 15.28
SHANTOU CITY CONSTRUC 8.57 03/23/22 CNY 15.28
SHANTOU INVESTMENT HO 7.99 03/04/24 CNY 44.60
SHANTOU INVESTMENT HO 7.99 03/04/24 CNY 47.57
SHANXI INTERNATIONAL 5.88 05/24/22 CNY 29.40
SHANXI XIANG KUANG GR 8.80 02/11/22 CNY 24.50
SHANXI XIANG KUANG GR 8.80 02/11/22 CNY 40.40
SHAODONG NEW AREA DEV 7.10 04/19/24 CNY 62.69
SHAODONG NEW AREA DEV 7.10 04/19/24 CNY 62.70
SHAOGUAN URBAN INVEST 3.67 10/25/24 CNY 54.87
SHAOGUAN URBAN INVEST 3.67 10/25/24 CNY 54.97
SHAOWU URBAN CONSTRUC 5.88 09/11/22 CNY 20.03
SHAOWU URBAN CONSTRUC 5.88 09/11/22 CNY 23.39
SHAOXING CHENGZHONGCU 6.09 04/27/22 CNY 20.18
SHAOXING CITY INVESTM 5.75 04/17/22 CNY 20.27
SHAOXING CITY INVESTM 5.75 04/17/22 CNY 28.00
SHAOXING JINGHU NEW D 6.13 04/30/22 CNY 20.19
SHAOXING JINGHU NEW D 6.13 04/30/22 CNY 20.20
SHAOXING KEQIAO CITY 3.64 09/19/23 CNY 40.01
SHAOXING KEQIAO CITY 3.64 09/19/23 CNY 40.10
SHAOXING KEQIAO CITY 5.74 08/03/24 CNY 60.00
SHAOXING KEQIAO CITY 5.74 08/03/24 CNY 62.03
SHAOXING KEQIAO ECONO 7.00 12/10/21 CNY 20.00
SHAOXING KEQIAO ECONO 7.00 12/10/21 CNY 20.05
SHAOXING KEYAN CONSTR 6.28 03/24/22 CNY 20.00
SHAOXING KEYAN CONSTR 6.28 03/24/22 CNY 20.21
SHAOXING SHANGYU ECON 4.76 04/11/23 CNY 40.32
SHAOXING SHANGYU ECON 4.76 04/11/23 CNY 40.42
SHAOYANG BAOQING INDU 5.78 07/04/26 CNY 62.45
SHAOYANG CITY CONSTRU 5.98 09/01/24 CNY 60.00
SHAOYANG CITY CONSTRU 5.98 09/01/24 CNY 60.19
SHAOYANG DULIANG INVE 5.50 04/13/23 CNY 38.72
SHAOYANG DULIANG INVE 5.50 04/13/23 CNY 40.15
SHENGZHOU INVESTMENT 5.35 07/20/24 CNY 61.93
SHENGZHOU INVESTMENT 5.35 07/20/24 CNY 62.30
SHENYANG DADONG STATE 6.05 03/20/22 CNY 20.00
SHENYANG DADONG STATE 6.05 03/20/22 CNY 20.09
SHENYANG ECONOMIC AFF 7.17 04/29/22 CNY 20.27
SHENYANG ECONOMIC AFF 7.17 04/29/22 CNY 20.30
SHENYANG TIEXI STATE- 6.00 01/14/22 CNY 20.05
SHENYANG TIEXI STATE- 6.00 01/14/22 CNY 27.50
SHENZHEN METRO GROUP 5.40 03/25/23 CNY 30.53
SHENZHEN METRO GROUP 5.40 03/25/23 CNY 30.63
SHENZHEN METRO GROUP 6.75 01/24/24 CNY 46.80
SHIJIAZHUANG HUTUO NE 5.28 12/24/25 CNY 55.00
SHIJIAZHUANG HUTUO NE 5.28 12/24/25 CNY 56.20
SHIJIAZHUANG STATE-OW 5.75 04/09/22 CNY 20.15
SHIJIAZHUANG STATE-OW 5.75 04/09/22 CNY 27.20
SHISHI CITY CONSTRUCT 6.10 05/04/22 CNY 20.16
SHISHI CITY CONSTRUCT 6.10 05/04/22 CNY 20.20
SHISHOU BOYA CITY CON 6.98 06/15/24 CNY 61.82
SHIYAN ECO DEVELOPMEN 3.98 08/05/23 CNY 39.50
SHIYAN ECO DEVELOPMEN 3.98 08/05/23 CNY 39.66
SHIYAN STATE-OWNED CA 4.88 01/11/26 CNY 70.98
SHIYAN STATE-OWNED CA 4.88 01/11/26 CNY 71.00
SHIYAN YUNYANG INVEST 6.40 07/10/24 CNY 61.37
SHIZHU TUJIA HONGSHEN 7.00 11/13/24 CNY 64.00
SHOU COUNTY STATE-OWN 6.20 10/13/24 CNY 60.00
SHOU COUNTY STATE-OWN 6.20 10/13/24 CNY 60.87
SHUCHENG COUNTY URBAN 5.50 04/29/23 CNY 40.66
SHUCHENG COUNTY URBAN 5.50 04/29/23 CNY 40.66
SHUYANG JINGYUAN ASSE 5.49 09/11/22 CNY 20.18
SHUYANG JINGYUAN ASSE 5.49 09/11/22 CNY 20.20
SICHUAN CHENG'A DEVEL 7.50 11/06/24 CNY 63.55
SICHUAN COAL GASIFICA 7.00 04/18/23 CNY 40.65
SICHUAN COAL INDUSTRY 7.70 01/09/18 CNY 45.00
SICHUAN JINCAI JINXIN 7.08 07/31/24 CNY 59.68
SICHUAN JINCAI JINXIN 7.08 07/31/24 CNY 62.00
SICHUAN LANGUANG DEVE 7.50 07/11/21 CNY 12.63
SICHUAN LANGUANG DEVE 6.50 07/29/21 CNY 12.63
SICHUAN LANGUANG DEVE 7.50 08/12/21 CNY 12.63
SICHUAN LANGUANG DEVE 7.40 09/14/21 CNY 30.45
SICHUAN LANGUANG DEVE 7.50 07/23/22 CNY 42.00
SICHUAN LANGUANG DEVE 7.00 09/29/22 CNY 12.63
SICHUAN LANGUANG DEVE 7.00 10/26/22 CNY 12.63
SICHUAN LANGUANG DEVE 7.50 11/22/22 CNY 12.63
SICHUAN LANGUANG DEVE 7.20 03/11/23 CNY 12.63
SICHUAN LANGUANG DEVE 7.15 03/16/23 CNY 24.00
SICHUAN LANGUANG DEVE 7.20 05/11/23 CNY 12.63
SICHUAN LANGZHONG FAM 5.60 04/19/23 CNY 39.87
SICHUAN LANGZHONG FAM 5.60 04/19/23 CNY 40.20
SICHUAN LONGYANG TIAN 5.45 05/27/23 CNY 39.92
SICHUAN LONGYANG TIAN 5.45 05/27/23 CNY 40.17
SICHUAN NAXING INDUST 6.80 08/18/22 CNY 25.09
SICHUAN NAXING INDUST 4.68 03/31/23 CNY 38.76
SICHUAN NAXING INDUST 4.68 03/31/23 CNY 39.25
SICHUAN QINBA NEWCITY 6.68 07/07/24 CNY 58.74
SICHUAN QINBA NEWCITY 6.68 07/07/24 CNY 60.00
SICHUAN QINBA NEWCITY 6.91 07/25/24 CNY 59.16
SICHUAN QINBA NEWCITY 6.91 07/25/24 CNY 60.00
SICHUAN RENSHOU XINLO 7.00 06/27/24 CNY 61.90
SICHUAN TIANYIN INDUS 6.79 03/25/22 CNY 20.07
SICHUAN TIANYIN INDUS 6.79 03/25/22 CNY 28.00
SIHONG COUNTY HONG YU 6.15 03/16/22 CNY 20.06
SIHONG COUNTY HONG YU 6.15 03/16/22 CNY 20.35
SIHUI STATE OWNED ASS 4.59 01/14/23 CNY 39.66
SIHUI STATE OWNED ASS 4.59 01/14/23 CNY 40.29
SIYANG COUNTY MINKANG 4.94 01/21/23 CNY 40.35
SIYANG COUNTY MINKANG 4.94 01/21/23 CNY 40.56
SIYANG COUNTY MINKANG 7.40 07/31/24 CNY 61.38
SIYANG COUNTY MINKANG 7.40 07/31/24 CNY 62.33
SONGYUAN URBAN DEVELO 5.79 12/04/21 CNY 19.97
SONGYUAN URBAN DEVELO 5.79 12/04/21 CNY 20.78
SUINING COUNTY RUNQI 5.42 11/20/22 CNY 40.00
SUINING COUNTY RUNQI 5.42 11/20/22 CNY 40.01
SUINING COUNTY RUNQI 6.78 11/02/24 CNY 59.70
SUINING COUNTY RUNQI 6.78 11/02/24 CNY 80.63
SUINING FUYUAN INDUST 6.39 03/17/22 CNY 19.99
SUINING FUYUAN INDUST 6.39 03/17/22 CNY 24.18
SUINING FUYUAN INDUST 5.34 12/02/23 CNY 57.88
SUINING FUYUAN INDUST 5.34 12/02/23 CNY 60.18
SUINING KAIDA INVESTM 4.89 04/08/23 CNY 38.78
SUINING KAIDA INVESTM 4.89 04/08/23 CNY 39.01
SUINING ROUGANG INVES 5.65 01/24/24 CNY 60.32
SUINING ROUGANG INVES 6.80 08/02/24 CNY 61.74
SUINING ROUGANG INVES 6.80 08/02/24 CNY 61.75
SUINING TIANTAI INDUS 5.98 03/28/24 CNY 59.10
SUINING TIANTAI INDUS 5.98 03/28/24 CNY 60.84
SUINING TIANTAI INDUS 6.80 11/01/24 CNY 75.00
SUIZHOU DEVELOPMENT I 5.70 04/07/24 CNY 60.54
SUIZHOU DEVELOPMENT I 5.70 04/07/24 CNY 60.91
SUIZHOU DEVELOPMENT I 5.97 09/15/24 CNY 60.00
SUIZHOU DEVELOPMENT I 5.97 09/15/24 CNY 61.43
SUIZHOU HIGH-TECH IND 4.47 03/25/23 CNY 39.70
SUIZHOU HIGH-TECH IND 4.47 03/25/23 CNY 39.81
SUIZHOU YULONG WATER 6.10 03/28/23 CNY 42.51
SUNAC REAL ESTATE GRO 5.60 05/27/25 CNY 67.00
SUNING APPLIANCE GROU 7.30 02/02/23 CNY 27.11
SUQIAN CITY CONSTRUCT 5.30 07/11/24 CNY 61.80
SUQIAN CITY CONSTRUCT 5.30 07/11/24 CNY 61.87
SUQIAN ECONOMIC DEVEL 5.40 04/20/24 CNY 61.39
SUQIAN ECONOMIC DEVEL 5.40 04/20/24 CNY 61.88
SUQIAN HUBIN XINCHENG 6.85 08/02/24 CNY 57.54
SUQIAN HUBIN XINCHENG 6.85 08/02/24 CNY 60.00
SUQIAN HUBIN XINCHENG 6.93 08/25/24 CNY 56.91
SUQIAN HUBIN XINCHENG 6.93 08/25/24 CNY 60.00
SUQIAN YUFENG ASSET M 5.50 04/21/24 CNY 60.43
SUQIAN YUFENG ASSET M 5.50 04/21/24 CNY 64.26
SUZHOU CITY CONSTRUCT 3.89 03/24/23 CNY 40.14
SUZHOU CITY CONSTRUCT 3.89 03/24/23 CNY 40.17
SUZHOU CITY HENGCHENG 4.40 03/01/23 CNY 39.60
SUZHOU CITY HENGCHENG 4.40 03/01/23 CNY 39.99
SUZHOU MAANSHAN INVES 6.10 08/03/24 CNY 62.29
SUZHOU MAANSHAN INVES 6.10 08/03/24 CNY 62.30
SUZHOU NEW & HIGH-TEC 4.18 03/23/23 CNY 39.96
SUZHOU NEW & HIGH-TEC 4.18 03/23/23 CNY 40.27
SUZHOU NEW AREA CONST 5.98 08/04/24 CNY 60.00
SUZHOU NEW AREA CONST 5.98 08/04/24 CNY 60.96
SUZHOU WUJIANG DISTRI 5.25 07/08/22 CNY 20.31
SUZHOU WUZHONG CITY C 5.90 11/06/24 CNY 61.05
TAIAN TAISHAN HOLDING 5.50 04/26/23 CNY 40.16
TAIAN TAISHAN HOLDING 5.50 04/26/23 CNY 40.24
TAICANG SCIENCE EDUCA 5.54 08/28/22 CNY 20.29
TAICANG SCIENCE EDUCA 5.54 08/28/22 CNY 24.60
TAIHE STATE OWN ASSET 5.87 08/07/24 CNY 60.86
TAIHE STATE OWN ASSET 5.87 08/07/24 CNY 63.35
TAIXING HONGQIAO PARK 5.03 10/29/22 CNY 19.60
TAIXING HONGQIAO PARK 5.03 10/29/22 CNY 19.64
TAIZHOU CITY CONSTRUC 6.92 10/16/23 CNY 31.41
TAIZHOU CITY HUANGYAN 6.10 08/01/24 CNY 62.37
TAIZHOU CITY HUANGYAN 6.10 08/01/24 CNY 63.60
TAIZHOU CITY HUANGYAN 6.22 09/14/24 CNY 59.38
TAIZHOU CITY HUANGYAN 6.22 09/14/24 CNY 62.65
TAIZHOU GAOGANG HI-TE 5.54 06/22/24 CNY 61.66
TAIZHOU GAOGANG HI-TE 5.54 06/22/24 CNY 63.70
TAIZHOU HAILING CITY 4.60 12/14/22 CNY 40.00
TAIZHOU HAILING CITY 4.60 12/14/22 CNY 40.28
TAIZHOU JIAOJIANG STA 6.18 07/06/22 CNY 20.39
TAIZHOU JIAOJIANG STA 6.18 07/06/22 CNY 24.00
TAIZHOU JINDONG URBAN 5.10 06/02/23 CNY 40.03
TAIZHOU JINDONG URBAN 5.10 06/02/23 CNY 40.05
TAIZHOU XINTAI GROUP 4.07 03/23/23 CNY 39.99
TAIZHOU XINTAI GROUP 4.07 03/23/23 CNY 40.15
TIANCHANG CITY CONSTR 4.99 12/05/23 CNY 57.23
TIANCHANG CITY CONSTR 4.99 12/05/23 CNY 59.97
TIANJIN BINHAI NEW AR 6.10 11/23/21 CNY 24.12
TIANJIN BOHAI STATE-O 3.82 04/18/23 CNY 38.10
TIANJIN BOHAI STATE-O 3.82 04/18/23 CNY 38.39
TIANJIN BOHAI STATE-O 4.10 04/18/26 CNY 63.33
TIANJIN BOHAI STATE-O 4.10 04/18/26 CNY 70.00
TIANJIN DONGFANG CAIX 5.19 01/29/22 CNY 19.86
TIANJIN DONGFANG CAIX 7.99 08/01/24 CNY 66.58
TIANJIN DONGLI CITY I 4.28 12/02/22 CNY 40.20
TIANJIN ECONOMIC TECH 6.50 12/03/22 CNY 29.63
TIANJIN ECONOMIC TECH 6.50 12/03/22 CNY 30.15
TIANJIN GUANGCHENG IN 6.97 02/22/23 CNY 30.48
TIANJIN HUANCHENG URB 5.75 04/27/22 CNY 20.12
TIANJIN HUANCHENG URB 5.75 04/27/22 CNY 20.50
TIANJIN INFRASTRUCTUR 5.70 02/26/23 CNY 24.22
TIANJIN INFRASTRUCTUR 5.70 02/26/23 CNY 30.44
TIANJIN INFRASTRUCTUR 4.64 05/21/29 CNY 71.20
TIANJIN METRO GROUP C 4.27 10/16/25 CNY 60.15
TIANJIN METRO GROUP C 4.27 10/16/25 CNY 64.00
TIANJIN NINGHE INVEST 5.50 04/22/23 CNY 38.89
TIANJIN NINGHE INVEST 5.50 04/22/23 CNY 40.21
TIANJIN RAILWAY CONST 5.58 04/13/25 CNY 59.95
TIANJIN REAL ESTATE G 4.50 09/29/20 USD 73.75
TIANJIN WUQING STATE- 4.15 11/17/22 CNY 40.11
TIANJIN WUQING STATE- 4.15 11/17/22 CNY 40.25
TIANMEN CITY CONSTRUC 3.98 11/15/23 CNY 59.86
TIANMEN CITY CONSTRUC 3.98 11/15/23 CNY 60.07
TONGLING CONSTRUCTION 4.12 03/14/23 CNY 40.00
TONGLING CONSTRUCTION 4.12 03/14/23 CNY 40.17
TONGLING CONSTRUCTION 5.77 07/31/24 CNY 60.00
TONGLING CONSTRUCTION 5.77 07/31/24 CNY 61.94
TONGLING CONSTRUCTION 5.80 08/16/24 CNY 61.03
TONGLING CONSTRUCTION 5.80 08/16/24 CNY 62.07
TSINGHUA HOLDINGS COR 4.95 08/08/22 CNY 36.40
TSINGHUA UNIGROUP CO 5.60 11/15/20 CNY 25.50
TSINGHUA UNIGROUP CO 6.20 03/16/21 CNY 25.50
TSINGHUA UNIGROUP CO 6.15 12/26/21 CNY 25.50
TSINGHUA UNIGROUP CO 4.94 03/25/22 CNY 16.55
TSINGHUA UNIGROUP CO 5.85 03/27/22 CNY 16.88
TSINGHUA UNIGROUP CO 6.00 08/14/22 CNY 25.50
TSINGHUA UNIGROUP CO 5.20 12/10/23 CNY 11.65
TSINGHUA UNIGROUP CO 5.11 01/25/24 CNY 13.00
TULUFAN DISTRICT STAT 6.20 03/19/22 CNY 20.10
TULUFAN DISTRICT STAT 6.20 03/19/22 CNY 20.19
TUNGHSU GROUP CO LTD 6.55 03/13/22 CNY 45.00
ULANQAB CITY INVESTME 8.39 04/25/22 CNY 25.29
URUMQI ECO&TECH DEVEL 6.40 04/13/22 CNY 20.00
URUMQI ECO&TECH DEVEL 6.40 04/13/22 CNY 20.16
WANGCHENG ECONOMIC DE 6.57 01/22/22 CNY 20.15
WANGCHENG ECONOMIC DE 6.57 01/22/22 CNY 28.81
WANGCHENG ECONOMIC DE 3.75 07/13/23 CNY 40.30
WANGCHENG ECONOMIC DE 3.75 07/13/23 CNY 40.32
WEICHI HOLDING GROUP 6.18 07/24/24 CNY 60.00
WEICHI HOLDING GROUP 6.18 07/24/24 CNY 61.10
WEIFANG GONGXIN STATE 5.00 07/13/26 CNY 69.77
WEIFANG GONGXIN STATE 5.00 07/13/26 CNY 69.94
WEIHAI CENTRAL CITY S 6.05 11/02/24 CNY 60.00
WEIHAI CENTRAL CITY S 6.05 11/02/24 CNY 61.13
WEIHAI CITY SHUANGDAO 5.32 04/28/24 CNY 60.30
WEIHAI CITY SHUANGDAO 5.32 04/28/24 CNY 61.02
WEIHAI ECONOMIC TECHN 5.80 08/23/24 CNY 60.00
WEIHAI ECONOMIC TECHN 5.80 08/23/24 CNY 60.86
WEIHAI LANCHUANG CONS 4.80 12/17/22 CNY 39.25
WEIHAI LANCHUANG CONS 4.80 12/17/22 CNY 39.39
WEIHAI URBAN CONSTRUC 3.33 03/02/23 CNY 38.40
WEIHAI URBAN CONSTRUC 3.33 03/02/23 CNY 40.21
WEIHAI WENDENG DISTRI 3.64 10/26/23 CNY 39.10
WEIHAI WENDENG DISTRI 3.64 10/26/23 CNY 39.30
WEIHAI WENDENG URBAN 4.80 05/26/23 CNY 39.19
WEIHAI WENDENG URBAN 4.80 05/26/23 CNY 39.89
WEINAN CITY INVESTMEN 6.09 03/11/22 CNY 20.00
WEINAN CITY INVESTMEN 6.09 03/11/22 CNY 20.09
WENDENG GOLDEN BEACH 3.97 03/21/23 CNY 39.49
WENDENG GOLDEN BEACH 3.97 03/21/23 CNY 39.68
WENS FOODSTUFFS GROUP 3.26 10/29/30 USD 72.42
WENSHAN URBAN CONSTRU 4.50 09/13/23 CNY 37.12
WENSHAN URBAN CONSTRU 4.50 09/13/23 CNY 39.74
WENZHOU CITY CONSTRUC 4.05 01/25/23 CNY 40.22
WENZHOU CITY CONSTRUC 4.05 01/25/23 CNY 40.25
WENZHOU CITY CONSTRUC 5.00 04/26/23 CNY 40.58
WENZHOU CITY CONSTRUC 5.00 04/26/23 CNY 40.73
WENZHOU GANGCHENG DEV 5.19 03/29/23 CNY 40.35
WENZHOU GANGCHENG DEV 5.19 03/29/23 CNY 40.38
WENZHOU HIGH-TECH IND 5.90 09/18/24 CNY 56.50
WENZHOU HIGH-TECH IND 5.90 09/18/24 CNY 61.95
WENZHOU MINKE INDUSTR 6.44 07/18/24 CNY 60.00
WENZHOU MINKE INDUSTR 6.44 07/18/24 CNY 60.76
WENZHOU OUHAI NEW CIT 3.98 10/26/23 CNY 39.42
WENZHOU OUHAI NEW CIT 3.98 10/26/23 CNY 40.33
WINTIME ENERGY CO LTD 7.00 07/05/18 CNY 43.63
WINTIME ENERGY CO LTD 7.30 08/06/18 CNY 43.63
WINTIME ENERGY CO LTD 7.00 08/25/18 CNY 43.63
WINTIME ENERGY CO LTD 6.78 10/23/18 CNY 43.63
WINTIME ENERGY CO LTD 7.00 12/15/18 CNY 43.63
WINTIME ENERGY CO LTD 7.00 03/19/19 CNY 43.63
WINTIME ENERGY CO LTD 7.00 04/26/19 CNY 43.63
WINTIME ENERGY CO LTD 7.70 11/15/20 CNY 43.63
WINTIME ENERGY CO LTD 7.50 11/16/20 CNY 43.63
WINTIME ENERGY CO LTD 7.50 12/06/20 CNY 43.63
WINTIME ENERGY CO LTD 7.90 12/22/20 CNY 43.63
WINTIME ENERGY CO LTD 7.90 03/29/21 CNY 43.63
WINTIME ENERGY CO LTD 7.50 04/04/21 CNY 43.63
WINTIME ENERGY CO LTD 4.75 07/07/22 CNY 43.63
WUHAN CITY HUANPI DIS 5.48 04/19/24 CNY 61.37
WUHAN GUOYU LOGISTICS 7.00 08/06/16 CNY 1.00
WUHAN HONGSHAN CITY C 5.68 08/10/24 CNY 60.67
WUHAN HONGSHAN CITY C 5.68 08/10/24 CNY 61.95
WUHAN HONGSHAN CITY C 5.68 10/12/24 CNY 60.65
WUHAN HONGSHAN CITY C 5.68 10/12/24 CNY 61.70
WUHAN JIANGXIA URBAN 4.80 06/03/23 CNY 40.31
WUHAN JIANGXIA URBAN 4.80 06/03/23 CNY 40.31
WUHAN METRO GROUP CO 5.25 04/14/22 CNY 20.13
WUHAN METRO GROUP CO 5.25 04/14/22 CNY 20.37
WUHAN QIAOKOU STATE O 3.48 08/29/23 CNY 38.93
WUHAN QIAOKOU STATE O 3.48 08/29/23 CNY 39.88
WUHAN URBAN CONSTRUCT 4.99 06/15/24 CNY 75.00
WUHU COMMUNICATIONS I 4.50 04/28/23 CNY 40.20
WUHU COMMUNICATIONS I 4.50 04/28/23 CNY 40.54
WUHU COMMUNICATIONS I 3.58 09/23/23 CNY 39.32
WUHU COMMUNICATIONS I 3.58 09/23/23 CNY 40.13
WUHU COUNTY CONSTRUCT 6.60 12/08/21 CNY 20.05
WUHU COUNTY CONSTRUCT 6.60 12/08/21 CNY 20.05
WUHU JINGHU CONSTRUCT 4.37 07/20/23 CNY 40.13
WUHU JINGHU CONSTRUCT 4.37 07/20/23 CNY 40.24
WUHU JIUJIANG CONSTRU 3.96 03/21/23 CNY 40.09
WUHU XINMA INVESTMENT 4.87 11/04/22 CNY 20.21
WUSHENG CITY INVESTME 7.05 11/03/24 CNY 58.50
WUSHENG CITY INVESTME 7.05 11/03/24 CNY 59.52
WUXI EAST SCIENCE & T 5.73 09/14/24 CNY 60.00
WUXI EAST SCIENCE & T 5.73 09/14/24 CNY 62.24
WUXI FOOD SCIENCE PAR 5.70 09/28/24 CNY 62.00
WUXI FOOD SCIENCE PAR 5.70 09/28/24 CNY 62.07
WUXI HUIKAI ECONOMIC 4.16 04/08/23 CNY 39.83
WUXI HUIKAI ECONOMIC 4.16 04/08/23 CNY 40.32
WUXI TAIHU NEW CITY D 4.49 05/03/23 CNY 40.30
WUXI TAIHU NEW CITY D 4.49 05/03/23 CNY 40.30
WUXI TAIHU NEW CITY D 3.47 08/29/23 CNY 39.50
WUXI TAIHU NEW CITY D 3.47 08/29/23 CNY 39.89
WUXI XIDONG NEW TOWN 3.92 11/09/23 CNY 40.25
WUXI XIDONG NEW TOWN 3.92 11/09/23 CNY 60.22
WUYANG CONSTRUCTION G 7.80 09/11/20 CNY 32.48
XIAMEN YUZHOU GRAND F 7.50 04/03/24 CNY 37.99
XIAN FENGDONG DEVELOP 4.67 01/08/23 CNY 39.90
XIAN FENGDONG DEVELOP 4.67 01/08/23 CNY 39.93
XI'AN PIONEERING PARK 6.20 05/02/24 CNY 60.28
XI'AN PIONEERING PARK 6.20 05/02/24 CNY 61.78
XIANGSHUI GUANJIANG H 4.98 12/24/22 CNY 38.00
XIANGSHUI GUANJIANG H 4.98 12/24/22 CNY 39.19
XIANGTAN CITY INFRAST 3.95 08/04/23 CNY 36.72
XIANGTAN CITY INFRAST 3.95 08/04/23 CNY 37.55
XIANGTAN CITY INFRAST 3.60 08/04/23 CNY 38.82
XIANGTAN JIUHUA ECONO 6.59 01/21/22 CNY 19.84
XIANGTAN JIUHUA ECONO 5.00 07/25/26 CNY 57.40
XIANGTAN JIUHUA ECONO 5.00 07/25/26 CNY 69.05
XIANGTAN WANLOU XINCH 6.90 01/14/22 CNY 19.80
XIANGTAN WANLOU XINCH 6.90 01/14/22 CNY 20.00
XIANGXIANG CITY DONGS 6.20 08/03/24 CNY 60.38
XIANGXIANG CITY DONGS 6.20 08/03/24 CNY 61.21
XIANGXIANG ECONOMIC D 5.28 09/09/23 CNY 37.44
XIANGXIANG ECONOMIC D 5.28 09/09/23 CNY 38.28
XIANGXIANG URBAN CONS 5.84 05/18/23 CNY 39.94
XIANGXIANG URBAN CONS 5.84 05/18/23 CNY 40.07
XIANGXIANG URBAN CONS 7.50 10/27/24 CNY 60.00
XIANGXIANG URBAN CONS 7.50 10/27/24 CNY 62.91
XIANGYANG CITY XIANGZ 5.18 04/28/23 CNY 40.10
XIANGYANG CITY XIANGZ 5.18 04/28/23 CNY 40.39
XIANGYANG HIGH TECH S 6.25 06/12/24 CNY 62.22
XIANGYANG HIGH TECH S 6.25 06/12/24 CNY 62.26
XIANGYANG STATE-OWNED 4.62 01/25/23 CNY 39.85
XIANGYANG STATE-OWNED 4.62 01/25/23 CNY 39.85
XIANGYANG STATE-OWNED 6.10 07/19/24 CNY 60.00
XIANGYANG STATE-OWNED 6.10 07/19/24 CNY 60.50
XIANNING HIGH-TECH IN 6.29 02/10/22 CNY 20.10
XIANNING HIGH-TECH IN 6.29 02/10/22 CNY 20.56
XIANNING HIGH-TECH IN 6.60 06/01/27 CNY 71.40
XIANNING HIGH-TECH IN 6.60 06/01/27 CNY 72.61
XIANTAO CITY CONSTRUC 4.59 04/18/23 CNY 40.29
XIANTAO CITY CONSTRUC 4.59 04/18/23 CNY 40.30
XIAOCHANG SHUNHE DEVE 4.15 10/17/23 CNY 39.20
XIAOXIAN COUNTY DEVEL 4.85 06/22/23 CNY 39.98
XIAOXIAN COUNTY DEVEL 4.85 06/22/23 CNY 40.48
XINDONGGANG HOLDING G 5.53 04/27/23 CNY 39.65
XINDONGGANG HOLDING G 5.53 04/27/23 CNY 39.80
XINGAN COUNTY URBAN C 5.48 08/03/23 CNY 38.98
XINGAN COUNTY URBAN C 5.48 08/03/23 CNY 40.16
XINGAN LEAGUE URBAN D 6.18 12/21/22 CNY 26.94
XINGAN LEAGUE URBAN D 6.18 12/21/22 CNY 28.37
XINGHUA CITY ECONOMIC 5.28 06/13/22 CNY 25.02
XINGNING YONGYE INFRA 5.99 07/24/24 CNY 60.00
XINGNING YONGYE INFRA 5.99 07/24/24 CNY 61.73
XINGYI XINHENG URBAN 5.40 12/16/22 CNY 18.40
XINGYI XINHENG URBAN 5.40 12/16/22 CNY 40.03
XINJIANG UYGUR AR HAM 6.55 10/27/24 CNY 60.00
XINJIANG UYGUR AR HAM 6.55 10/27/24 CNY 82.17
XINJIN NEW CITY DEVEL 7.30 10/23/24 CNY 60.00
XINJIN NEW CITY DEVEL 7.30 10/23/24 CNY 61.16
XINMI CAIYUAN CITY CO 4.35 02/28/23 CNY 39.98
XINMI CAIYUAN CITY CO 4.35 02/28/23 CNY 40.00
XINTAI CITY COORDINAT 6.35 03/23/22 CNY 20.05
XINTAI CITY COORDINAT 6.35 03/23/22 CNY 20.75
XINYI CITY INVESTMENT 4.30 01/19/23 CNY 39.47
XINYI CITY INVESTMENT 4.30 01/19/23 CNY 40.00
XINYI ECONOMIC DEVELO 6.66 09/27/24 CNY 54.50
XINYI ECONOMIC DEVELO 6.66 09/27/24 CNY 59.20
XINYI URBAN TRANSPORT 6.14 02/06/22 CNY 20.16
XINYI URBAN TRANSPORT 6.14 02/06/22 CNY 20.34
XINYI URBAN TRANSPORT 5.35 04/24/24 CNY 61.04
XINYI URBAN TRANSPORT 5.35 04/24/24 CNY 62.57
XINYU CITY SHANTYTOWN 6.50 11/13/22 CNY 70.32
XINYU CITY YUSHUI DIS 7.70 06/24/22 CNY 20.35
XINYU CITY YUSHUI DIS 7.70 06/24/22 CNY 20.44
XISHUI COUNTY FENGZHU 6.52 07/28/24 CNY 61.53
XISHUI COUNTY FENGZHU 6.52 07/28/24 CNY 62.50
XIWANG GROUP CO LTD 7.80 12/03/22 CNY 49.94
XUANCHENG STATE-OWNED 4.12 04/07/23 CNY 40.29
XUANCHENG STATE-OWNED 4.12 04/07/23 CNY 40.36
XUCHANG GENERAL INVES 5.74 08/17/24 CNY 60.16
XUZHOU CITY JIAWANG C 4.00 03/23/23 CNY 40.07
XUZHOU CITY TONGSHAN 5.23 09/18/22 CNY 20.00
XUZHOU CITY TONGSHAN 5.23 09/18/22 CNY 20.34
XUZHOU HI-TECH INDUST 3.78 11/11/23 CNY 59.89
XUZHOU HI-TECH INDUST 3.78 11/11/23 CNY 60.10
XUZHOU XINSHENG INVES 5.13 08/12/22 CNY 20.34
XUZHOU XINSHENG INVES 5.13 08/12/22 CNY 24.46
YAN'AN NEW CITY CONST 5.60 04/21/24 CNY 60.62
YANCHENG GUANDONG ECO 6.42 05/16/24 CNY 60.29
YANCHENG GUANDONG ECO 6.42 05/16/24 CNY 60.80
YANCHENG HIGH-TECH ZO 3.90 12/14/22 CNY 40.00
YANCHENG HIGH-TECH ZO 3.90 12/14/22 CNY 40.04
YANCHENG YANDU DISTRI 3.67 03/17/23 CNY 39.18
YANCHENG YANDU DISTRI 3.67 03/17/23 CNY 39.76
YANGJIANG HENGCAI CIT 6.24 04/14/22 CNY 20.24
YANGJIANG HENGCAI CIT 6.24 04/14/22 CNY 21.20
YANGO GROUP CO LTD 7.50 03/22/22 CNY 19.45
YANGO GROUP CO LTD 7.40 03/24/22 CNY 17.86
YANGO GROUP CO LTD 6.90 10/31/22 CNY 20.15
YANGO GROUP CO LTD 6.95 04/24/24 CNY 25.30
YANGO GROUP CO LTD 7.00 08/24/24 CNY 23.50
YANGO GROUP CO LTD 6.80 10/28/24 CNY 20.35
YANGO GROUP CO LTD 6.67 10/14/25 CNY 22.00
YANGO JUSTICE INTERNA 5.30 01/11/22 USD 24.86
YANGO JUSTICE INTERNA 10.25 03/18/22 USD 23.11
YANGO JUSTICE INTERNA 10.00 02/12/23 USD 90.00
YANGO JUSTICE INTERNA 9.25 04/15/23 USD 22.39
YANGO JUSTICE INTERNA 8.25 11/25/23 USD 22.62
YANGO JUSTICE INTERNA 7.50 04/15/24 USD 22.38
YANGO JUSTICE INTERNA 7.88 09/04/24 USD 22.68
YANGO JUSTICE INTERNA 7.50 02/17/25 USD 22.58
YANGXIN TOWN CONSTRUC 6.50 04/26/24 CNY 62.24
YANGXIN TOWN CONSTRUC 6.50 04/26/24 CNY 62.24
YANGZHONG TRANSPORTAT 4.95 04/07/23 CNY 39.79
YANGZHONG TRANSPORTAT 4.95 04/07/23 CNY 39.97
YANGZHONG TRANSPORTAT 4.98 04/07/23 CNY 40.43
YANGZHONG TRANSPORTAT 4.98 04/07/23 CNY 40.68
YANGZHOU ECONOMIC & T 5.28 07/06/24 CNY 61.11
YANGZHOU ECONOMIC & T 5.28 07/06/24 CNY 62.40
YANGZHOU GUANGLING NE 3.62 09/07/23 CNY 38.63
YANGZHOU GUANGLING NE 3.62 09/07/23 CNY 39.02
YANGZHOU HANJIANG CON 5.88 06/15/22 CNY 20.25
YANGZHOU HANJIANG CON 5.88 06/15/22 CNY 26.63
YANGZHOU NEW MATERIAL 6.80 10/09/24 CNY 60.00
YANGZHOU NEW MATERIAL 6.80 10/09/24 CNY 61.96
YI CHENG CONSTRUCTION 5.44 04/27/23 CNY 39.78
YI ZHENG CITY DEVELOP 4.63 01/08/23 CNY 40.00
YI ZHENG CITY DEVELOP 4.63 01/08/23 CNY 40.25
YICHANG HIGH-TECH INV 4.80 12/15/22 CNY 40.00
YICHANG HIGH-TECH INV 4.80 12/15/22 CNY 40.34
YICHANG HIGH-TECH INV 3.74 07/21/23 CNY 39.44
YICHANG HIGH-TECH INV 3.74 07/21/23 CNY 40.13
YICHANG HIGH-TECH INV 6.10 05/18/24 CNY 61.03
YICHANG HIGH-TECH INV 6.10 05/18/24 CNY 61.80
YICHANG WUJIA NEW CIT 6.50 04/20/24 CNY 61.24
YICHANG WUJIA NEW CIT 6.50 04/20/24 CNY 61.28
YICHUN VENTURE CAPITA 6.70 03/23/22 CNY 20.00
YICHUN VENTURE CAPITA 6.70 03/23/22 CNY 20.18
YIHUA ENTERPRISE GROU 7.00 04/29/22 CNY 54.00
YIHUA LIFESTYLE TECHN 6.88 07/16/20 CNY 35.90
YIHUA LIFESTYLE TECHN 6.88 07/23/20 CNY 35.00
YINGCHENG CITY PUYANG 6.50 04/14/24 CNY 60.32
YINGCHENG CITY PUYANG 6.50 04/14/24 CNY 61.24
YINGKOU BEIHAI NEW CI 7.19 07/12/24 CNY 59.83
YINGKOU BEIHAI NEW CI 7.19 07/12/24 CNY 61.47
YINGKOU COASTAL DEVEL 6.45 01/26/22 CNY 20.06
YINGKOU ECO & TECH DE 5.20 08/05/23 CNY 39.76
YINGKOU ECO & TECH DE 5.20 08/05/23 CNY 39.78
YINGKOU ECO & TECH DE 6.98 04/19/24 CNY 59.84
YINGKOU ECO & TECH DE 6.98 04/19/24 CNY 61.08
YINGKOU LAOBIAN CITY 5.63 12/16/22 CNY 40.20
YINGKOU LAOBIAN CITY 4.98 03/11/23 CNY 37.79
YINGKOU LAOBIAN CITY 4.98 03/11/23 CNY 40.00
YINGTAN JUNENG INVEST 6.75 07/31/22 CNY 20.39
YINGTAN JUNENG INVEST 6.75 07/31/22 CNY 21.18
YINGTAN STATE-OWNED A 7.50 12/12/22 CNY 30.62
YINGTAN STATE-OWNED A 7.50 12/12/22 CNY 30.63
YINING CITY STATE OWN 5.37 09/24/22 CNY 19.40
YINING CITY STATE OWN 5.37 09/24/22 CNY 19.85
YIWU CITY CONSTRUCTIO 4.31 12/07/22 CNY 40.26
YIWU CITY CONSTRUCTIO 4.31 12/07/22 CNY 40.40
YIWU CITY CONSTRUCTIO 5.48 08/18/24 CNY 60.00
YIWU CITY CONSTRUCTIO 5.48 08/18/24 CNY 62.04
YIWU URBAN & RURAL NE 4.25 11/24/21 CNY 25.00
YIXING CITY CONSTRUCT 6.16 03/30/22 CNY 20.00
YIXING CITY CONSTRUCT 6.16 03/30/22 CNY 20.18
YIYANG ADVANCED INDUS 7.00 03/30/22 CNY 20.19
YIYANG ADVANCED INDUS 7.00 03/30/22 CNY 28.00
YIYANG PROVINCE AREA 4.95 10/13/23 CNY 37.66
YIYANG PROVINCE AREA 4.95 10/13/23 CNY 37.80
YIYANG PROVINCE AREA 5.16 11/23/23 CNY 57.54
YIYANG PROVINCE AREA 5.16 11/23/23 CNY 57.58
YIZHANG XINGYI CONSTR 5.49 09/02/24 CNY 52.76
YIZHANG XINGYI CONSTR 5.49 09/02/24 CNY 52.79
YIZHENG SHI'ERWEI NEW 6.77 08/22/24 CNY 60.51
YONG ZHOU CITY DEVELO 5.30 07/13/24 CNY 61.15
YONGCHENG COAL & ELEC 7.50 02/02/21 CNY 39.88
YONGJIA INVESTMENT GR 6.50 11/12/21 CNY 20.00
YONGJIA INVESTMENT GR 6.50 11/12/21 CNY 20.00
YONGXING YINDU INVEST 5.60 03/24/23 CNY 39.52
YONGXING YINDU INVEST 5.60 03/24/23 CNY 40.19
YONGXING YINDU INVEST 6.93 07/07/24 CNY 60.00
YONGXING YINDU INVEST 6.93 07/07/24 CNY 60.04
YONGXING YINDU INVEST 6.50 08/14/24 CNY 60.00
YONGXING YINDU INVEST 6.50 08/14/24 CNY 60.22
YONGZHOU ECONOMIC CON 3.55 01/14/23 CNY 39.48
YONGZHOU ECONOMIC CON 3.55 01/14/23 CNY 39.95
YUANAN COUNTY QIFENG 5.50 05/27/23 CNY 40.24
YUANAN COUNTY QIFENG 5.50 05/27/23 CNY 40.24
YUANLING CHENZHOU INV 6.50 09/20/24 CNY 60.00
YUANLING CHENZHOU INV 6.50 09/20/24 CNY 61.55
YUEYANG DONGTING XINC 6.15 03/20/22 CNY 20.06
YUEYANG HUIHUA URBAN 5.78 04/18/24 CNY 60.66
YUEYANG HUIHUA URBAN 5.78 04/18/24 CNY 61.66
YUEYANG HUIHUA URBAN 5.96 07/26/24 CNY 61.00
YUEYANG HUIHUA URBAN 5.96 07/26/24 CNY 61.77
YUEYANG URBAN CONSTRU 4.80 01/27/26 CNY 73.98
YUEYANG URBAN CONSTRU 4.80 01/27/26 CNY 74.24
YUEYANG YUNXI CITY CO 6.00 07/08/23 CNY 39.56
YUEYANG YUNXI CITY CO 5.18 11/21/23 CNY 57.52
YUHUAN CITY COMMUNICA 6.18 03/20/22 CNY 20.17
YUHUAN CITY COMMUNICA 6.18 03/20/22 CNY 24.47
YUHUAN CITY CONSTRUCT 5.10 05/03/23 CNY 40.05
YUHUAN CITY CONSTRUCT 5.10 05/03/23 CNY 40.61
YUHUAN CITY CONSTRUCT 3.72 10/21/23 CNY 39.33
YUHUAN CITY CONSTRUCT 3.72 10/21/23 CNY 40.15
YUNCHENG SHUIHU CITY 4.54 11/21/23 CNY 57.87
YUNCHENG SHUIHU CITY 4.54 11/21/23 CNY 59.71
YUNCHENG URBAN CONSTR 6.30 08/29/24 CNY 58.78
YUNCHENG URBAN CONSTR 6.30 08/29/24 CNY 60.00
YUZHOU GENERAL INVEST 4.68 01/19/23 CNY 40.00
YUZHOU GENERAL INVEST 4.68 01/19/23 CNY 40.15
ZAOYANG CITY CONSTRUC 5.50 03/22/23 CNY 40.19
ZAOYANG CITY CONSTRUC 5.50 03/22/23 CNY 40.39
ZHANGJIAGANG ECONOMY 3.95 03/22/23 CNY 40.00
ZHANGJIAGANG ECONOMY 3.95 03/22/23 CNY 40.23
ZHANGJIAJIE ECONOMIC 6.47 07/24/27 CNY 72.69
ZHANGJIAJIE ECONOMIC 6.47 07/24/27 CNY 72.74
ZHANGQIU STATE OWNED 3.69 08/09/23 CNY 39.81
ZHANGQIU STATE OWNED 3.69 08/09/23 CNY 40.01
ZHANGSHU STATE-OWNED 4.80 06/22/23 CNY 40.17
ZHANGSHU STATE-OWNED 4.80 06/22/23 CNY 42.67
ZHANGZHOU ECONOMIC DE 6.17 04/27/22 CNY 20.00
ZHANGZHOU ECONOMIC DE 6.17 04/27/22 CNY 20.20
ZHAODONG DONGSHENG CO 6.50 01/20/24 CNY 61.10
ZHAODONG DONGSHENG CO 6.50 01/20/24 CNY 61.11
ZHAOQING GAOYAO DISTR 6.68 04/14/22 CNY 20.00
ZHAOQING GAOYAO DISTR 6.68 04/14/22 CNY 20.29
ZHAOQING HI-TECH ZONE 3.97 08/26/23 CNY 39.47
ZHAOQING HI-TECH ZONE 3.97 08/26/23 CNY 39.82
ZHEJIANG BINHAI NEW C 4.65 12/23/22 CNY 40.36
ZHEJIANG HANGZHOU QIN 5.99 06/30/24 CNY 62.22
ZHEJIANG HANGZHOU QIN 5.99 06/30/24 CNY 62.23
ZHEJIANG HUISHENG INV 4.49 03/15/24 CNY 55.00
ZHEJIANG HUISHENG INV 4.49 03/15/24 CNY 55.51
ZHEJIANG OUHAI CONSTR 6.45 04/23/22 CNY 20.20
ZHEJIANG OUHAI CONSTR 6.45 04/23/22 CNY 20.20
ZHEJIANG OUHAI CONSTR 4.83 01/21/23 CNY 40.10
ZHEJIANG OUHAI CONSTR 4.83 01/21/23 CNY 40.44
ZHEJIANG XINCHANG INV 6.95 12/31/21 CNY 20.09
ZHEJIANG XINCHANG INV 6.95 12/31/21 CNY 20.44
ZHENGZHOU AIRPORT ECO 4.27 07/20/26 CNY 53.58
ZHENGZHOU AIRPORT ECO 4.27 07/20/26 CNY 53.62
ZHENGZHOU GENERAL AVI 5.98 06/27/24 CNY 60.00
ZHENGZHOU GENERAL AVI 5.98 06/27/24 CNY 62.11
ZHENGZHOU GENERAL AVI 5.80 10/18/24 CNY 60.00
ZHENGZHOU GENERAL AVI 5.80 10/18/24 CNY 62.21
ZHENGZHOU JINGKAI INV 5.48 07/31/22 CNY 20.00
ZHENGZHOU JINGKAI INV 5.48 07/31/22 CNY 20.35
ZHENGZHOU MOUZHONG DE 7.48 12/11/21 CNY 20.06
ZHENGZHOU MOUZHONG DE 7.48 12/11/21 CNY 26.20
ZHENGZHOU MOUZHONG DE 4.59 04/18/23 CNY 39.89
ZHENGZHOU MOUZHONG DE 4.59 04/18/23 CNY 39.95
ZHENJIANG DANTU DISTR 5.98 11/06/24 CNY 82.56
ZHENJIANG NEW AREA UR 5.31 07/14/23 CNY 39.06
ZHENJIANG NEW AREA UR 5.31 07/14/23 CNY 40.44
ZHIJIANG STATE-OWNED 4.78 01/11/23 CNY 37.00
ZHIJIANG STATE-OWNED 4.78 01/11/23 CNY 40.04
ZHIJIANG STATE-OWNED 4.38 03/28/23 CNY 39.25
ZHIJIANG STATE-OWNED 4.38 03/28/23 CNY 39.74
ZHIJIANG WANYUN COMMU 7.00 08/29/24 CNY 61.56
ZHONGGUANCUN DEVELOPM 4.20 08/12/22 CNY 20.15
ZHONGGUANCUN DEVELOPM 4.20 08/12/22 CNY 20.20
ZHONGRONG XINDA GROUP 7.40 07/18/22 CNY 7.81
ZHONGRONG XINDA GROUP 7.50 03/02/23 CNY 4.75
ZHONGSHAN TORCH DEVEL 5.79 03/23/24 CNY 61.75
ZHONGSHAN TRANSPORTAT 5.25 11/26/21 CNY 20.00
ZHONGSHAN TRANSPORTAT 5.25 11/26/21 CNY 20.01
ZHONGXIANG CITY CONST 6.50 09/01/24 CNY 62.43
ZHONGXIANG CITY CONST 6.50 09/01/24 CNY 62.44
ZHOUSHAN DINGHAI CITY 6.67 07/20/22 CNY 20.00
ZHOUSHAN ISLANDS NEW 6.98 10/22/22 CNY 24.77
ZHOUSHAN ISLANDS NEW 6.98 10/22/22 CNY 25.40
ZHOUSHAN PUTUO DISTRI 7.18 06/20/22 CNY 25.37
ZHOUSHAN PUTUO DISTRI 7.18 06/20/22 CNY 26.90
ZHUCHENG ECONOMIC DEV 5.37 07/12/24 CNY 60.14
ZHUCHENG ECONOMIC DEV 5.37 07/12/24 CNY 61.15
ZHUHAI HUIHUA INFRAST 4.70 06/27/23 CNY 40.29
ZHUHAI HUIHUA INFRAST 4.70 06/27/23 CNY 40.33
ZHUJI CITY EAST NEW T 3.89 08/26/23 CNY 40.51
ZHUJI CITY YUEDU INVE 6.38 04/07/22 CNY 20.20
ZHUJI CITY YUEDU INVE 6.38 04/07/22 CNY 20.21
ZHUJI STATE-OWNED ASS 5.34 06/28/24 CNY 61.75
ZHUJI STATE-OWNED ASS 5.34 06/28/24 CNY 62.50
ZHUJI STATE-OWNED ASS 5.23 07/18/24 CNY 61.76
ZHUZHOU CITY CONSTRUC 8.36 11/10/21 CNY 20.14
ZHUZHOU GECKOR GROUP 6.38 04/17/22 CNY 20.00
ZHUZHOU GECKOR GROUP 6.38 04/17/22 CNY 20.15
ZHUZHOU GECKOR GROUP 3.78 09/28/23 CNY 39.35
ZHUZHOU GECKOR GROUP 3.78 09/28/23 CNY 39.55
ZHUZHOU HI-TECH AUTO 4.47 11/03/23 CNY 74.62
ZHUZHOU LVXIANG INVES 7.09 08/16/24 CNY 57.50
ZHUZHOU LVXIANG INVES 7.09 08/16/24 CNY 61.11
ZHUZHOU RAILWAY INDUS 7.50 09/25/24 CNY 60.78
ZHUZHOU RECYCLING ECO 4.38 03/24/23 CNY 36.79
ZHUZHOU RECYCLING ECO 4.38 03/24/23 CNY 39.43
ZHUZHOU XIANGJIAN INV 6.40 08/09/24 CNY 60.00
ZHUZHOU XIANGJIAN INV 6.40 08/09/24 CNY 60.31
ZHUZHOU XIANGJIANG SC 5.39 11/25/22 CNY 39.31
ZHUZHOU XIANGJIANG SC 5.39 11/25/22 CNY 39.61
ZIBO BANYANG CITY URB 5.50 09/09/22 CNY 20.00
ZIBO BANYANG CITY URB 5.50 09/09/22 CNY 20.08
ZIBO BOSHAN STATE OWN 5.63 03/29/24 CNY 60.46
ZIBO BOSHAN STATE OWN 5.63 03/29/24 CNY 61.37
ZIBO HIGH TECH CITY I 5.28 08/10/24 CNY 61.86
ZIBO HIGH TECH CITY I 5.28 08/10/24 CNY 64.80
ZIXING CHENGCHENG INV 6.20 03/16/24 CNY 61.18
ZIXING CHENGCHENG INV 6.20 03/16/24 CNY 61.38
ZIXING CHENGCHENG INV 6.18 08/09/24 CNY 60.00
ZIXING CHENGCHENG INV 6.18 08/09/24 CNY 61.35
ZIXING CITY DEVELOPME 6.00 05/03/24 CNY 60.25
ZIXING CITY DEVELOPME 6.00 05/03/24 CNY 60.85
ZIXING CITY DEVELOPME 6.30 09/26/24 CNY 60.00
ZIXING CITY DEVELOPME 6.30 09/26/24 CNY 61.41
ZIYANG WATER INVESTME 3.97 03/17/23 CNY 38.33
ZIYANG WATER INVESTME 3.97 03/17/23 CNY 38.48
ZIZHONG COUNTY XINGZI 5.97 01/18/23 CNY 39.28
ZIZHONG COUNTY XINGZI 5.97 01/18/23 CNY 39.68
ZONGYANG INVESTMENT D 5.85 04/25/24 CNY 60.00
ZONGYANG INVESTMENT D 5.85 04/25/24 CNY 61.68
ZUNYI BOZHOU URBAN CO 6.60 07/06/24 CNY 61.35
ZUNYI BOZHOU URBAN CO 6.60 07/06/24 CNY 61.49
ZUNYI BOZHOU URBAN CO 7.85 10/24/24 CNY 60.00
ZUNYI BOZHOU URBAN CO 7.85 10/24/24 CNY 63.07
ZUNYI CITY XIANGJIANG 6.99 09/25/24 CNY 60.00
ZUNYI CITY XIANGJIANG 6.99 09/25/24 CNY 62.08
ZUNYI ECONOMIC DEVELO 4.87 01/22/23 CNY 35.00
ZUNYI ECONOMIC DEVELO 4.87 01/22/23 CNY 38.07
ZUNYI ECONOMIC DEVELO 7.48 08/17/24 CNY 56.45
ZUNYI HONGHUAGANG DIS 5.05 06/27/23 CNY 37.91
ZUNYI HONGHUAGANG DIS 5.05 06/27/23 CNY 39.99
ZUNYI HONGHUAGANG DIS 6.98 07/25/24 CNY 56.98
ZUNYI HONGHUAGANG DIS 6.98 07/25/24 CNY 61.84
ZUNYI NEW DISTRICT DE 5.99 04/07/26 CNY 47.46
ZUNYI NEW DISTRICT DE 5.99 04/07/26 CNY 55.94
ZUNYI ROAD & BRIDGE C 6.10 04/27/23 CNY 33.43
ZUNYI ROAD & BRIDGE C 6.10 04/27/23 CNY 37.06
ZUNYI TRAFFIC TRAVEL 7.70 09/27/27 CNY 57.00
ZUNYI TRAFFIC TRAVEL 7.70 09/27/27 CNY 73.20
HONG KONG
---------
CAIYUN INTERNATIONAL 5.50 04/08/22 USD 71.66
CHINA SOUTH CITY HOLD 11.50 02/12/22 USD 80.95
CHINA SOUTH CITY HOLD 10.88 06/26/22 USD 42.19
CHINA SOUTH CITY HOLD 7.25 11/20/22 USD 45.01
CHINA SOUTH CITY HOLD 11.95 02/09/23 USD 37.38
CHINA SOUTH CITY HOLD 10.75 04/11/23 USD 36.02
DR PENG HOLDING HONGK 7.55 12/01/22 USD 61.52
HNA GROUP INTERNATION 6.25 10/05/21 USD 19.27
INDONESIA
---------
DAVOMAS INTERNATIONAL 11.00 05/09/11 USD 1.14
DAVOMAS INTERNATIONAL 11.00 05/09/11 USD 1.14
DAVOMAS INTERNATIONAL 11.00 12/08/14 USD 1.13
DAVOMAS INTERNATIONAL 11.00 12/08/14 USD 1.13
DELTA MERLIN DUNIA TE 2.50 06/26/28 USD 18.00
SRI REJEKI ISMAN TBK 7.25 01/16/25 USD 18.67
SRI REJEKI ISMAN TBK 7.25 01/16/25 USD 20.01
INDIA
-----
ACME MEDAK SOLAR ENER 0.01 08/29/46 INR 16.44
ACME RANGA REDDY SOLA 0.01 08/31/46 INR 16.31
AMPSOLAR SOLUTION PVT 0.01 10/27/37 INR 30.75
AMPSOLAR SOLUTION PVT 0.01 11/03/37 INR 30.70
APG HABITAT PVT LTD 1.00 09/09/28 INR 66.69
APG INTELLI HOMES PVT 1.25 02/04/35 INR 47.60
APG INTELLI HOMES PVT 1.25 02/04/35 INR 48.78
ASSETS CARE & RECONST 1.00 03/30/29 INR 65.91
ASSETS CARE & RECONST 2.00 03/30/29 INR 71.65
ASSETS CARE & RECONST 2.00 03/30/29 INR 71.65
ASSETS CARE & RECONST 2.00 03/31/30 INR 68.25
AUTOMOTIVE EXCHANGE P 4.00 06/01/30 INR 65.86
AUTOMOTIVE EXCHANGE P 4.00 10/11/30 INR 65.38
BODY CUPID PVT LTD 0.01 03/31/31 INR 50.98
BREEZE CONSTRUCTIONS 0.01 06/29/30 INR 51.30
BRITANNIA INDUSTRIES 8.00 08/28/22 INR 30.67
BRITANNIA INDUSTRIES 5.50 06/03/24 INR 29.08
BROIL SOLAR ENERGY PV 0.01 09/05/31 INR 49.24
CHANDRAJYOTI ESTATE D 0.01 07/06/30 INR 52.62
CONVERGIA DIGITAL EDU 0.10 09/29/31 INR 56.46
CUMULUS TRADING CO PV 0.01 01/23/30 INR 69.71
CUMULUS TRADING CO PV 0.01 05/21/32 INR 44.66
DEWAN HOUSING FINANCE 8.50 04/18/23 INR 28.34
DLF ASPINWAL HOTELS P 0.01 10/15/30 INR 49.22
DLF EMPORIO RESTAURAN 0.01 06/29/30 INR 53.02
DLF EMPORIO RESTAURAN 0.01 08/12/30 INR 52.52
DLF HOME DEVELOPERS L 0.01 06/29/30 INR 54.89
DLF HOMES SERVICES PV 0.01 06/29/30 INR 51.30
DLF LANDS INDIA PVT L 0.01 09/29/31 INR 47.65
DLF REAL ESTATE BUILD 0.01 06/23/30 INR 52.64
DLF RECREATIONAL FOUN 0.01 10/15/30 INR 49.26
DLF RESIDENTIAL BUILD 0.01 06/23/30 INR 51.36
DLF RESIDENTIAL DEVEL 0.01 06/28/30 INR 52.61
DLF SOUTHERN TOWNS PV 0.01 07/09/30 INR 52.77
DOMUS REAL ESTATE PVT 0.01 07/11/30 INR 52.78
ECAP EQUITIES LTD 0.01 03/26/31 INR 51.87
EDEL LAND LTD 0.01 03/22/26 INR 72.99
EDELWEISS ASSET RECON 2.00 11/20/27 INR 75.12
EDELWEISS ASSET RECON 2.00 10/07/28 INR 71.82
EDELWEISS ASSET RECON 2.00 01/15/29 INR 70.83
EDELWEISS ASSET RECON 2.00 03/28/29 INR 70.13
EDELWEISS ASSET RECON 2.00 07/22/29 INR 69.00
EDELWEISS RURAL & COR 0.01 03/25/31 INR 52.68
ELP SOLAR ONE PVT LTD 0.25 02/27/31 INR 51.58
ESSAR POWER TRANSMISS 3.00 03/31/43 INR 50.73
ESSAR POWER TRANSMISS 3.00 03/31/43 INR 50.73
FUTURE RETAIL LTD 5.60 01/22/25 USD 60.63
FUTURE RETAIL LTD 5.60 01/22/25 USD 60.97
GAMMA GAANA LTD 0.01 07/31/31 INR 48.50
GREEN URJA PVT LTD 0.01 02/14/30 INR 54.84
GTL INFRASTRUCTURE LT 6.73 10/26/22 USD 9.88
HCL INFOTECH LTD 0.10 03/31/36 INR 35.23
HITODI INFRASTRUCTURE 0.01 06/30/27 INR 65.34
JAIPRAKASH ASSOCIATES 5.75 09/08/17 USD 55.13
JAIPRAKASH POWER VENT 7.00 05/15/17 USD 6.22
JCT LTD 2.50 04/08/11 USD 25.75
JSM CORP PVT LTD 0.01 08/31/36 INR 32.87
JTPM ATSALI LTD 0.01 08/29/48 INR 14.56
JUNO MONETA TECHNOLOG 0.01 05/18/26 INR 73.28
KANAKADURGA FINANCE L 0.01 04/15/36 INR 31.69
KUSHALS RETAIL PVT LT 1.00 05/13/29 INR 64.16
LITMUS WORLD MARKETIN 0.01 03/31/28 INR 68.45
MARIS POWER SUPPLY CO 2.00 04/18/28 INR 74.35
MELOSA BUILDERS & DEV 0.01 06/29/30 INR 51.30
MENS BUILDCON PVT LTD 0.01 06/29/30 INR 51.30
MYTRAH AADHYA POWER P 0.01 07/05/35 INR 36.55
MYTRAH ADVAITH POWER 0.01 07/13/36 INR 33.82
MYTRAH AKSHAYA ENERGY 0.01 07/13/36 INR 33.82
NANI VIRANI WIND ENER 2.00 06/30/39 INR 47.11
NEEMUCH SOLAR POWER P 0.01 08/29/46 INR 16.43
NHAVA SHEVA INTERNATI 0.01 04/14/27 INR 68.32
ORIGAMI CELLULO PVT L 0.01 11/14/36 INR 32.47
PALIWAL REAL ESTATE L 0.01 09/09/31 INR 48.10
PRAKASH INDUSTRIES LT 5.25 04/30/15 USD 22.63
PRUDENT ARC LTD 0.01 09/02/31 INR 48.11
PRUDENT ARC LTD 0.01 10/04/31 INR 46.47
PUNJAB INFRASTRUCTURE 0.40 10/15/27 INR 70.60
PUNJAB INFRASTRUCTURE 0.40 10/15/28 INR 65.88
PUNJAB INFRASTRUCTURE 0.40 10/15/29 INR 61.46
PUNJAB INFRASTRUCTURE 0.40 10/15/30 INR 57.34
PUNJAB INFRASTRUCTURE 0.40 10/15/31 INR 53.52
PUNJAB INFRASTRUCTURE 0.40 10/15/32 INR 49.99
PUNJAB INFRASTRUCTURE 0.40 10/15/33 INR 46.76
PURVANCHAL SOLAR POWE 0.01 08/29/46 INR 16.44
PYRAMID SAIMIRA THEAT 1.75 07/04/12 USD 0.26
R L FINE CHEM PVT LTD 0.10 08/19/36 INR 33.43
RAMANI ICECREAM CO LT 0.01 12/29/35 INR 35.61
REDKITE CAPITAL PVT L 2.50 03/30/29 INR 73.63
REI AGRO LTD 5.50 11/13/14 USD 0.73
REI AGRO LTD 5.50 11/13/14 USD 0.73
RELIANCE COMMUNICATIO 6.50 11/06/20 USD 10.09
REWANCHAL SOLAR POWER 0.01 08/29/46 INR 16.44
RIVERIA COMMERCIAL DE 0.01 07/08/31 INR 47.16
RMZ ONE PARAMOUNT PVT 0.10 03/24/29 INR 59.20
SAKET HOLIDAYS RESORT 0.01 06/29/30 INR 52.50
SANJWIN CONSULTING SO 0.01 06/01/28 INR 61.31
SHERISHA ROOFTOP SOLA 0.01 08/12/31 INR 45.04
SHIVAJI MARG MAINTENA 0.01 06/28/30 INR 51.48
SINTEX INDUSTRIES LTD 3.50 05/25/22 USD 26.43
STPL HORTICULTURE PVT 0.01 03/31/31 INR 58.59
SUNWORLD SOLAR POWER 0.01 08/31/46 INR 16.31
SURBHI INVESTMENTS & 2.50 10/21/28 INR 74.38
SUTARA ROADS & INFRA 0.01 08/31/30 INR 58.93
SUZLON ENERGY LTD 5.75 07/16/19 USD 23.65
SUZLON ENERGY LTD 5.75 07/16/19 USD 23.65
SVOGL OIL GAS & ENERG 5.00 08/17/15 USD 0.61
TATA SMARTFOODZ LTD 0.01 04/18/26 INR 73.56
TATA SMARTFOODZ LTD 0.01 06/28/26 INR 72.42
TATA SMARTFOODZ LTD 0.01 08/19/26 INR 71.58
TN URJA PVT LTD 0.10 02/22/36 INR 35.40
WATSUN INFRABUILD PVT 4.00 10/16/37 INR 63.92
YBRANT ENGINEERING & 0.01 05/07/31 INR 50.08
JAPAN
-----
AVANSTRATE INC 0.20 10/29/32 JPY 9.75
HIS CO LTD 0.58 02/19/27 JPY 66.71
TKJP CORP 1.02 12/15/17 JPY 0.50
TKJP CORP 0.85 03/06/19 JPY 2.02
TKJP CORP 0.58 03/26/21 JPY 2.02
UNIZO HOLDINGS CO LTD 0.43 11/29/21 JPY 71.12
UNIZO HOLDINGS CO LTD 0.52 05/27/22 JPY 60.00
UNIZO HOLDINGS CO LTD 0.75 11/28/22 JPY 48.04
UNIZO HOLDINGS CO LTD 0.85 05/26/23 JPY 47.75
UNIZO HOLDINGS CO LTD 0.80 11/29/23 JPY 45.49
UNIZO HOLDINGS CO LTD 0.89 05/29/24 JPY 45.59
UNIZO HOLDINGS CO LTD 1.10 11/28/24 JPY 42.89
UNIZO HOLDINGS CO LTD 0.99 11/27/26 JPY 39.99
UNIZO HOLDINGS CO LTD 1.20 05/28/27 JPY 39.58
UNIZO HOLDINGS CO LTD 1.50 11/26/27 JPY 39.98
KOREA
-----
CJ CGV CO LTD 1.00 06/08/51 KRW 71.03
FIRST 5G SECURITIZATI 1.71 02/28/25 KRW 27.46
FIRST 5G SECURITIZATI 1.89 11/28/25 KRW 27.85
HEUNGKUK FIRE & MARIN 5.70 12/29/46 KRW 38.81
KIBO ABS SPECIALTY CO 5.00 02/28/22 KRW 74.42
KIBO ABS SPECIALTY CO 5.00 02/24/23 KRW 73.14
KIBO ABS SPECIALTY CO 5.00 02/24/24 KRW 70.34
KOREA LAND & HOUSING 1.28 08/23/49 KRW 77.55
KOREA SOUTHERN POWER 1.29 08/13/49 KRW 76.10
LOTTE CARD CO LTD 3.95 06/28/49 KRW 37.13
POSCO ENERGY CO LTD 5.21 08/29/43 KRW 68.54
PULMUONE CO LTD 4.80 09/30/49 KRW 73.97
SAMPYO CEMENT CO LTD 8.30 04/20/14 KRW 70.00
SAMPYO CEMENT CO LTD 7.50 07/20/14 KRW 70.00
SAMPYO CEMENT CO LTD 8.30 09/10/14 KRW 70.00
SAMPYO CEMENT CO LTD 8.10 04/12/15 KRW 70.00
SAMPYO CEMENT CO LTD 8.10 06/26/15 KRW 70.00
SINBO SECURITIZATION 5.00 12/27/21 KRW 75.29
SINBO SECURITIZATION 5.00 01/25/22 KRW 68.09
SINBO SECURITIZATION 5.00 01/26/22 KRW 68.08
SINBO SECURITIZATION 5.00 02/23/22 KRW 66.74
SINBO SECURITIZATION 5.00 02/28/22 KRW 74.40
SINBO SECURITIZATION 5.00 06/27/22 KRW 62.95
SINBO SECURITIZATION 5.00 07/24/22 KRW 62.49
SINBO SECURITIZATION 5.00 07/26/22 KRW 62.47
SINBO SECURITIZATION 5.00 08/29/22 KRW 62.79
SINBO SECURITIZATION 5.00 08/31/22 KRW 62.78
SINBO SECURITIZATION 5.00 09/26/22 KRW 62.15
SINBO SECURITIZATION 5.00 12/25/22 KRW 72.13
SINBO SECURITIZATION 5.00 01/25/23 KRW 64.51
SINBO SECURITIZATION 5.00 01/29/23 KRW 71.86
SINBO SECURITIZATION 5.00 02/28/23 KRW 74.84
SINBO SECURITIZATION 5.00 03/20/23 KRW 74.67
SINBO SECURITIZATION 5.00 06/27/23 KRW 65.98
SINBO SECURITIZATION 5.00 06/30/23 KRW 65.95
SINBO SECURITIZATION 5.00 07/24/23 KRW 65.69
SINBO SECURITIZATION 5.00 07/29/23 KRW 65.65
SINBO SECURITIZATION 5.00 08/29/23 KRW 66.46
SINBO SECURITIZATION 5.00 08/29/23 KRW 66.46
SINBO SECURITIZATION 5.00 09/09/23 KRW 66.29
SINBO SECURITIZATION 5.00 09/26/23 KRW 66.08
SINBO SECURITIZATION 5.00 09/26/23 KRW 66.08
SINBO SECURITIZATION 5.00 09/26/23 KRW 66.08
SINBO SECURITIZATION 5.00 10/24/23 KRW 65.72
SINBO SECURITIZATION 5.00 10/24/23 KRW 65.72
SINBO SECURITIZATION 3.00 11/21/23 KRW 63.52
SINBO SECURITIZATION 5.00 11/21/23 KRW 66.84
SINBO SECURITIZATION 4.00 12/25/23 KRW 65.20
SINBO SECURITIZATION 4.00 12/25/23 KRW 65.20
SINBO SECURITIZATION 5.00 12/25/23 KRW 72.37
SINBO SECURITIZATION 5.00 12/29/23 KRW 70.19
SINBO SECURITIZATION 3.00 01/29/24 KRW 68.07
SINBO SECURITIZATION 4.00 01/29/24 KRW 70.08
SINBO SECURITIZATION 4.00 01/29/24 KRW 70.08
SINBO SECURITIZATION 5.00 02/27/24 KRW 67.89
SINBO SECURITIZATION 4.00 04/15/24 KRW 65.70
SINBO SECURITIZATION 4.00 06/30/24 KRW 66.01
SINBO SECURITIZATION 4.00 06/30/24 KRW 66.01
SINBO SECURITIZATION 5.00 06/30/24 KRW 67.99
SINBO SECURITIZATION 4.00 07/29/24 KRW 65.73
SINBO SECURITIZATION 5.00 07/29/24 KRW 67.69
SINBO SECURITIZATION 5.00 07/29/24 KRW 67.69
SINBO SECURITIZATION 4.00 08/28/24 KRW 66.40
SINBO SECURITIZATION 4.00 08/28/24 KRW 66.40
SINBO SECURITIZATION 5.00 08/28/24 KRW 68.57
SINBO SECURITIZATION 4.00 09/29/24 KRW 66.04
SINBO SECURITIZATION 4.00 09/29/24 KRW 66.04
SINBO SECURITIZATION 5.00 09/29/24 KRW 68.19
SINBO SECURITIZATION 4.00 11/27/24 KRW 69.24
SINBO SECURITIZATION 4.00 11/27/24 KRW 69.24
SINBO SECURITIZATION 5.00 11/27/24 KRW 71.55
SINBO SECURITIZATION 5.00 11/27/24 KRW 71.55
SINBO SECURITIZATION 5.00 01/29/25 KRW 46.26
MALAYSIA
--------
ASIAN PAC HOLDINGS BH 3.00 05/25/22 MYR 0.65
BERJAYA CORP BHD 5.00 04/22/22 MYR 0.27
BERJAYA CORP BHD 2.00 05/29/26 MYR 0.26
ELK-DESA RESOURCES BH 3.25 04/14/22 MYR 1.14
HUME CEMENT INDUSTRIE 5.00 05/29/24 MYR 1.66
MALAYAN FLOUR MILLS B 5.00 01/24/24 MYR 1.48
PENGURUSAN AIR SPV BH 1.00 09/28/35 MYR 62.71
PENGURUSAN AIR SPV BH 1.00 11/05/35 MYR 62.42
PENGURUSAN AIR SPV BH 1.00 02/05/36 MYR 65.13
PMB TECHNOLOGY BHD 3.00 07/12/23 MYR 12.50
SCANWOLF CORP BHD 3.00 08/04/26 MYR 0.36
SD INTERNATIONAL SUKU 7.00 03/12/25 USD 27.40
SD INTERNATIONAL SUKU 6.30 05/09/22 USD 30.37
SENAI-DESARU EXPRESSW 1.35 12/31/29 MYR 74.34
SENAI-DESARU EXPRESSW 1.35 06/28/30 MYR 72.83
SENAI-DESARU EXPRESSW 1.35 12/31/30 MYR 71.27
SENAI-DESARU EXPRESSW 1.35 06/30/31 MYR 69.77
YB VENTURES BHD 0.10 09/05/26 MYR 0.07
PHILIPPINES
-----------
BAYAN TELECOMMUNICATI 15.00 07/15/06 USD 19.63
SINGAPORE
---------
APL REALTY HOLDINGS P 5.95 06/02/24 USD 60.92
ASL MARINE HOLDINGS L 3.00 03/28/25 SGD 41.34
ASL MARINE HOLDINGS L 3.00 10/01/26 SGD 41.38
BAKRIE TELECOM PTE LT 11.50 05/07/15 USD 0.78
BAKRIE TELECOM PTE LT 11.50 05/07/15 USD 0.78
BANYAN TREE HOLDINGS 7.50 08/06/22 SGD 1.35
BLD INVESTMENTS PTE L 8.63 03/23/15 USD 4.88
BLUE OCEAN RESOURCES 8.00 12/31/21 USD 32.94
BLUE OCEAN RESOURCES 8.00 12/31/21 USD 32.94
BLUE OCEAN RESOURCES 8.00 12/31/21 USD 32.94
ENERCOAL RESOURCES PT 9.25 08/05/14 USD 45.75
ETERNA CAPITAL PTE LT 8.00 12/11/22 USD 44.43
EZRA HOLDINGS LTD 4.88 04/24/18 SGD 5.00
GOLDEN LEGACY PTE LTD 6.88 03/27/24 USD 19.36
GOLDEN LEGACY PTE LTD 6.88 03/27/24 USD 19.68
INDO INFRASTRUCTURE G 2.00 07/30/10 USD 1.00
INNOVATE CAPITAL PTE 6.00 12/11/24 USD 29.00
ITNL OFFSHORE PTE LTD 7.50 01/18/21 CNY 16.61
JGC VENTURES PTE LTD 10.75 08/30/21 USD 55.20
MICLYN EXPRESS OFFSHO 8.75 11/25/18 USD 1.07
MODERNLAND OVERSEAS P 6.95 04/13/24 USD 44.64
NT RIG HOLDCO PTE LTD 7.50 12/20/22 USD 55.50
ORO NEGRO DRILLING PT 7.50 01/24/19 USD 3.88
PACIFIC RADIANCE LTD 4.30 03/31/20 SGD 10.00
RICKMERS MARITIME 8.45 05/15/17 SGD 5.00
SSMS PLANTATION HOLDI 7.75 01/23/23 USD 72.74
SWIBER CAPITAL PTE LT 6.25 10/30/17 SGD 4.20
SWIBER CAPITAL PTE LT 6.50 08/02/18 SGD 4.20
SWIBER HOLDINGS LTD 5.55 10/10/16 SGD 12.25
SWIBER HOLDINGS LTD 7.13 04/18/17 SGD 6.13
SWIBER HOLDINGS LTD 7.75 09/18/17 CNY 6.13
SRI LANKA
---------
SRI LANKA DEVELOPMENT 4.24 03/16/23 USD 72.96
SRI LANKA DEVELOPMENT 4.11 05/01/23 USD 71.20
SRI LANKA DEVELOPMENT 4.15 05/01/23 USD 71.24
SRI LANKA DEVELOPMENT 5.66 05/01/23 USD 72.82
SRI LANKA DEVELOPMENT 6.69 05/01/23 USD 73.98
SRI LANKA DEVELOPMENT 6.70 05/01/23 USD 73.99
SRI LANKA DEVELOPMENT 6.71 05/01/23 USD 74.00
SRI LANKA DEVELOPMENT 7.95 05/01/24 USD 67.20
SRI LANKA DEVELOPMENT 7.98 05/01/24 USD 67.25
SRI LANKA DEVELOPMENT 7.99 05/01/24 USD 67.27
SRI LANKA DEVELOPMENT 4.79 01/22/25 USD 58.73
SRI LANKA DEVELOPMENT 5.98 01/22/25 USD 59.82
SRI LANKA DEVELOPMENT 6.02 01/22/25 USD 59.90
SRI LANKA DEVELOPMENT 6.05 01/22/25 USD 59.96
SRI LANKA DEVELOPMENT 6.50 01/22/25 USD 60.89
SRI LANKA DEVELOPMENT 6.75 01/22/25 USD 61.40
SRI LANKA DEVELOPMENT 6.80 01/22/25 USD 61.50
SRI LANKA DEVELOPMENT 6.82 01/22/25 USD 61.54
SRI LANKA DEVELOPMENT 6.87 01/22/25 USD 61.65
SRI LANKA DEVELOPMENT 6.99 01/22/25 USD 61.89
SRI LANKA DEVELOPMENT 7.68 01/22/25 USD 63.31
SRI LANKA DEVELOPMENT 7.82 01/22/25 USD 63.63
SRI LANKA DEVELOPMENT 7.60 07/30/26 USD 60.52
SRI LANKA DEVELOPMENT 8.00 07/30/26 USD 61.62
SRI LANKA GOVERNMENT 5.75 04/18/23 USD 65.98
SRI LANKA GOVERNMENT 5.75 04/18/23 USD 65.98
SRI LANKA GOVERNMENT 6.85 03/14/24 USD 62.69
SRI LANKA GOVERNMENT 6.85 03/14/24 USD 62.76
SRI LANKA GOVERNMENT 6.35 06/28/24 USD 62.67
SRI LANKA GOVERNMENT 6.35 06/28/24 USD 62.73
SRI LANKA GOVERNMENT 6.13 06/03/25 USD 61.77
SRI LANKA GOVERNMENT 6.13 06/03/25 USD 61.86
SRI LANKA GOVERNMENT 6.85 11/03/25 USD 61.85
SRI LANKA GOVERNMENT 6.85 11/03/25 USD 61.94
SRI LANKA GOVERNMENT 6.83 07/18/26 USD 60.71
SRI LANKA GOVERNMENT 6.83 07/18/26 USD 60.78
SRI LANKA GOVERNMENT 6.20 05/11/27 USD 59.95
SRI LANKA GOVERNMENT 6.20 05/11/27 USD 60.04
SRI LANKA GOVERNMENT 6.75 04/18/28 USD 59.86
SRI LANKA GOVERNMENT 6.75 04/18/28 USD 59.95
SRI LANKA GOVERNMENT 7.85 03/14/29 USD 59.91
SRI LANKA GOVERNMENT 7.85 03/14/29 USD 59.95
SRI LANKA GOVERNMENT 7.55 03/28/30 USD 59.98
SRI LANKA GOVERNMENT 7.55 03/28/30 USD 60.09
SRILANKAN AIRLINES LT 7.00 06/25/24 USD 60.64
THAILAND
--------
G STEEL PCL 3.00 10/04/15 USD 0.80
MDX PCL 4.75 09/17/03 USD 22.88
*********
S U B S C R I P T I O N I N F O R M A T I O N
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