TEXT-S&P ratings - KWG Property Holding Ltd.

Fri Jan 11, 2013 5:55am EST

Jan 11 -

===============================================================================

Ratings -- KWG Property Holding Ltd. ------------------------------ 11-Jan-2013

===============================================================================

CREDIT RATING: BB-/Negative/-- Country: Cayman Islands

Primary SIC: Real estate

agents and

managers

Mult. CUSIP6: 48277D

Mult. CUSIP6: 48277X

===============================================================================

Credit Rating History:

Local currency Foreign currency

03-Aug-2010 BB-/-- BB-/--

===============================================================================

Issues:

Rating Rating Date

US$250 mil 12.50% nts due 08/18/2017 B+ 03-Aug-2010

US$350 mil 12.75% nts due 03/30/2016 B+ 23-Mar-2011

US$400 mil 13.25% nts due 03/22/2017 B+ 14-Mar-2012