BEIJING, October 27, 2021- S&P Global (China) Ratings announced that it has withdrawn its rating on the Senior Notes of the Jianxin 2021-2 Non-performing Asset Backed Securities. The withdrawal follows the complete paydown of the Senior notes as reflected in the second trustee report for the transaction.
List of Ratings:
Senior: AAAspc(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
FAQs on Banks’ Nonperforming Assets and Securitization
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
