BEIJING, January 20, 2021-S&P Global (China) Ratings today announced that it has withdrawn its rating on the Senior Notes of the Jianxin 2020-4 Non-performing Asset Backed Securities. The withdrawal follows the complete paydown of the notes as reflected in the most recent trustee report for the transaction.
Rating Withdrawn:
Senior Notes: AAAspc(sf)
Methodology Applied:
S&P Ratings China--Structured Finance Methodology
Related Research:
Commentary: Understanding Our Approach to China Consumer Asset-Backed Securities
Commentary: Mega Banks – Strong Enough to Withstand COVID-19: 2020 Outlook for Chinese Mega Banks
Commentary: FAQs on Banks’ Nonperforming Assets and Securitization
Media Contacts:
Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.cn
Analyst Contacts:
Kan Zhou, Beijing; kan.zhou@spgchinaratings.cn
Beibei Shi, Beijing; beibei.shi@spgchinaratings.cn
