* CREDIT RATING OPINION (first-time): vnCCC+
* OUTLOOK: Negative
* DATE OF RATING CERTIFICATION ISSUANCE: April 17, 2024
* BUSINESS LINE: Chemicals
* ANALYSTS:
Mr. Nguyen Duc Phu, MSc
Mr. Vu Thien Phong, ACCA
Ms. Nguyen Kim Chi, BA
* RATING COMMITTEE:
Mr. Nguyen Phi Long, ACCA
Mr. Bui Van Long, MSc
Mr. Le Hoang Quan, MBA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in Vietnam Biofuels Development JSC: None
– Saigon Ratings’ bond ownership in Vietnam Biofuels Development JSC: None
– Saigon Ratings’ other debt instrument ownership in Vietnam Biofuels Development JSC: None
– Saigon Ratings employee’s share ownership in Vietnam Biofuels Development JSC: None
Saigon Ratings is committed to the implementation of credit rating independently and objectively.
Saigon Ratings issued a credit rating report as a reference information; it is not an investment or capital contribution recommendation for debt instruments issued by the rated company (Vietnam Biofuels Development JSC).
