Articles>Banyan Tree Holdings Limited: Credit Initiation Report

Banyan Tree Holdings Limited: Credit Initiation Report

We are initiating Banyan Tree Holdings Limited (BTH) with a Positive issuer profile. The BTH bonds have all posted a strong rally since the announcement of the strategic partnerships with Accor and Vanke. We highlight the positive impacts of the two deals on BTH's credit fundamentals and offer our comments on the pricing of the company's bonds.

iFAST Research Team

Published on 08 Sep 2017

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