* CREDIT RATING OPINION OF BOND CII425001 (first-time): vnA+
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: June 26, 2025
* BUSINESS LINE: Technical Infrastructure
* RATING COMMITTEE:
Mr. Le Hoang Quan, MBA
Mr. Bui Van Long, MSc
Ms. Bui Thu Huong, MBA, CFA
* ANALYSTS:
Mr. Nguyen Minh Duc, MSc
Ms. Do Phuong Lan, MDE
Ms. Cao Thi Thanh Thuy, MSc
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in Ho Chi Minh City Infrastructure Investment JSC (CII): None
– Saigon Ratings’ bond ownership in Ho Chi Minh City Infrastructure Investment JSC (CII): None
– Saigon Ratings’ other debt instrument ownership in Ho Chi Minh City Infrastructure Investment JSC (CII): None
– Saigon Ratings employee’s share ownership in Ho Chi Minh City Infrastructure Investment JSC (CII): 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 (Ho Chi Minh City Infrastructure Investment JSC (CII)).