Fitch rates Wisdom BB-

Fitch said it published Wisdom Education International Holdings Co. Ltd.’s long-term issuer default rating of BB- and senior unsecured rating of BB-.

“Wisdom’s ratings reflect its solid position as a leading private education company. The ratings are supported by its stable and recurring cash flows and good growth prospects, but they are constrained by the company’s limited operational scale and geographical concentration,” Fitch said in a press release.

The outlook is stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.