Research Update: Nan Fung International Holdings Ltd. And Proposed Guaranteed Notes Assigned 'BBB-' Ratings; Outlook Stable Jan 12
- Language: English
- Published: January 2012
- Region: Global
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Research Type: Full Analysis
Large scale and operational flexibility Modest financial risk profile with disciplined liability management Cash-generative nature supports strong liquidity position Large exposure to the U.S. consumer market Strong appetite for growth through acquisitions The rating on Li & Fung Ltd. is supported by the company's large scale, high level of operational flexibility, cash-generative nature, and modest financial risk profile with disciplined liability management. These strengths are balanced by the company's large exposure to the U.S. consumer market and strong appetite for growth through acquisitions. Li & Fung is one of the largest global supply chain management companies, and it has a high level of operational flexibility. The company has a vast network of geographically diverse suppliers from which to source its...
Companies mentioned in this report are: Li & Fung Ltd.
Li & Fung Ltd.