FiinRatings suspends its rating on An Gia Real Estate Investment And Development Corporation (“AGG”) due to the expiration of the rating agreement

17 January 2023 - 11:36 AM Alternate Text

 

Hanoi, January 17th, 2023: FiinRatings has suspended all ratings on An Gia Real Estate Investment And Development Corporation (“AGG”). The rating suspension has been made on the basis that the rating agreement has expired and at a mutual agreement. 

The announcement of this rating withdrawal has been made in accordance with Article 27, Article 5 and Article 47 under the Decree 88/2014/NĐ-CP dated 29 September 2014 governing the operation of credit rating services.  

FiinRatings is no longer obliged to provide any further rating updates to market and concerned investors and creditors about the issuer and its debt instruments. The rating results, related opinions, and analysis by FiinRatings expressed in rating releases, rating reports, and on any other public domains are valid only from the release date and should not be used and/or referred to after the date of this announcement. 

The latest rating opinions about the Issuer released by FiinRatings are as below: 

Date released 

Type of Credit Rating 

Frequency 

Issuer 

Rating Result 

Rating Outlook 

Link to Announcement 

30/11/2022 

Long-term Issuer Rating 

Surveillance Update 

 

An Gia Real Estate Investment And Development Corporation 

BBB- 

Stable 

Report 

29/03/2022 

Long-term Issuer Rating 

Initial Rating 

An Gia Real Estate Investment And Development Corporation 

BBB- 

Stable 

Report 

If you have any questions or inquiries, please contact our Investor Communication Team via investor.support@fiinratings.vn. 

FiinRatings

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