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Fri Mar 30, 2012 5:07am EDT
March 30 -
===============================================================================
Ratings -- Shimao Property Holdings Ltd. -------------------------- 30-Mar-2012
===============================================================================
CREDIT RATING: BB/Watch Neg/-- Country: Cayman Islands
Primary SIC: Subdividers and
developers, nec
Mult. CUSIP6: 82454X
===============================================================================
Credit Rating History:
Local currency Foreign currency
30-Sep-2008 BB/-- BB/--
08-Nov-2006 BB+/-- BB+/--
===============================================================================
Issues:
Rating Rating Date
US$350 mil 8.% nts due 12/01/2016 BB-/WatchN 30-Sep-2008
US$500 mil 9.65% nts due 08/03/2017 BB-/WatchN 26-Jul-2010
US$350 mil 11.% nts due 03/08/2018 BB-/WatchN 01-Mar-2011
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