WSAM

AcronymDefinition
WSAMWebsphere Studio Application Monitor (IBM software)
WSAMWit, Sarcasam and Artistic Musings (Microsoft Network online group; 2005-2008)
WSAMWeapon System(s) Acquisition Management
WSAMWashington Society of Addiction Medicine
WSAMWest Sussex Advanced Motorcyclists (UK)
WSAMWorld's Smallest Air Museum (model airplanes)
WSAMWater-Soluble Acrylic Mixture (laboratory medicine)
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References in periodicals archive ?
WSAM, established in 1994, is an investment holding company in Wuhan, the capital of Hubei province.
'Strong' Government Support Record: WSAM is a major GRE in Wuhan that has received over CNY4 billion in capital injections from the government since its inception, equivalent to about 25% of its equity at end-2017.
'Moderate' Socio-Political Implications: WSAM is Wuhan's state-owned investment platform that carries out retail and financial-service businesses, and industrial investment.
'Strong' Financial Implications: WSAM has borrowed substantially from banks and the debt capital market over the past few years.
Investment Company Profile: WSAM acts as the investment platform and asset manager of the Wuhan municipal government.
The notes are directly issued by WSAM and rank pari passu with all its other present and future unsecured and unsubordinated obligations.
Legal Status Attribute Mid-Range: WSAM is registered as a state-owned limited liability company under Chinese company law and it is allowed to go bankrupt.
Strategic Importance Attribute Stronger: WSAM is Wuhan government's flagship investment vehicle and represents around 30% of the revenue from all of Wuhan's public-sector entities.
Integration Attribute Mid-Range: WSAM's integration reflects the capital injections and subsidies made by the government.
Control Attribute Stronger: WSAM's board is mainly appointed by the government and its major projects require government approval.
Standalone Profile: WSAM has a moderate leverage, with debt/EBITDA of below 5x in 2016.
A full rating report on WSAM will be published shortly.