BRIEF-Fitch Says Evergrande Impact On Rated Construction Companies Is Manageable


Reuters | Updated: 27-09-2021 06:55 IST | Created: 27-09-2021 06:55 IST
BRIEF-Fitch Says Evergrande Impact On Rated Construction Companies Is Manageable

Fitch Ratings: * FITCH RTGS: EVERGRANDE IMPACT ON RATED CONSTRUCTION COMPANIES IS MANAGEABLE

* FITCH - SCALE ADVANTAGE OF FITCH-RATED ENGINEERING, CONSTRUCTION (E&C) COS MITIGATES RISK OF SINGLE CUSTOMER DEFAULT OR PROJECT FAILURE INCIDENT * FITCH - E&C COS WITH MATERIAL EXPOSURE TO HOUSING PROJECTS, PROPERTY DEVELOPMENT, MAY BE AFFECTED IF DEFAULT DISRUPTS BROADER PROPERTY MARKET Source text for Eikon: Further company coverage:

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