General Announcement::WITHDRAWAL OF CREDIT RATINGS BY S&P GLOBAL RATINGS AT ISSUER'S REQUEST

Issuer & Securities

Issuer/ Manager
YANLORD LAND GROUP LIMITED
Securities
YANLORD LAND GROUP LIMITED - SG1T57930854 - Z25
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
16-Jan-2024 17:38:46
Status
New
Announcement Sub Title
WITHDRAWAL OF CREDIT RATINGS BY S&P GLOBAL RATINGS AT ISSUER'S REQUEST
Announcement Reference
SG240116OTHRZ1H6
Submitted By (Co./ Ind. Name)
Sau Ean Nee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
At the request of the Issuer, S&P Global Ratings ("S&P") has withdrawn its corporate credit rating on the Issuer, as well as its rating on the senior unsecured notes that the Issuer guarantees. The Issuer has requested S&P to withdraw the credit ratings in line with its strategic review that the ratings are not necessary under its current business environment.

Attached is S&P's press release on the withdrawal.

Attachments

16-01-2024_Withdrawal_Credit_Ratings_SP.pdf
Total size =116K