BEIJING, June 22, 2021- S&P Global (China) Ratings has assigned its AAA_spc(sf) rating to the Senior Notes of the Jianxin 2021-2 Non-performing Asset Backed Securities transaction. The NPL securitization transaction was originated by China Construction Bank Corp.

List of Ratings:

Senior: AAA_spc(sf)

Methodology Applied:

S&P Ratings China--Structured Finance Methodology

Related Research:

Commentary: Understanding Our Approach to China Consumer Asset-Backed Securities
Credit Quality Divergence of Domestic Banks Balanced by Government Support Amid COVID-19 | A Study on Credit Quality Differentiation of Domestic Banks in China
FA

Models Applied:

None.

Media Contacts:

Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.cn 

Analyst Contacts:

Enjie Zhang, Beijing; enjie.zhang@spgchinaratings.cn

Jieqiong Du, Beijing; jieqiong.du@spgchinaratings.cn

Jiarong Li, Beijing; jiarong.li@spgchinaratings.cn