Friday, March 30, 2012

Reuters: Financial Services and Real Estate: TEXT-S&P ratings - Shimao Property Holdings Ltd.

Reuters: Financial Services and Real Estate
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TEXT-S&P ratings - Shimao Property Holdings Ltd.
Mar 30th 2012, 09:07

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Fri Mar 30, 2012 5:07am EDT

March 30 -

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Ratings -- Shimao Property Holdings Ltd. -------------------------- 30-Mar-2012

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CREDIT RATING: BB/Watch Neg/-- Country: Cayman Islands

Primary SIC: Subdividers and

developers, nec

Mult. CUSIP6: 82454X

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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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