S&P upgrades Yanlord Land Group rating

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Yanlord Land was given a 'stable' rating. Credit rater S&P has upgraded Yanlord Land's rating to "stable" from "negative". S&P said Yanlord would be able to maintain its debt level, and it has a good market standing. "The stable outlook reflects our view that Yanlord will moderately grow its contracted sales andaccelerate project delivery, whilst better managing its debt-funded land replenishments overthe next 12-24 months," it said in a statement. read more