Huawei Issued Its First Onshore Bonds in China with ‘AAA’ Rating by China Lianhe

Huawei Investment & Holding Co., Ltd. (“Huawei”) tapped China’s onshore bond market for the first time and successfully issued two series of medium term notes (totalling RMB6 billion) on 22 October 2019 and 5 November 2019, respectively. China Lianhe Credit Rating Co., Ltd. (“China Lianhe”) has assigned ‘AAA’ credit rating to Huawei (with stable outlook) and to the notes.

Huawei, founded in 1987 and wholly owned by its employees, is one of the leading global information and communications technology solutions providers. Huawei operates in more than 170 countries and regions, serving more than three billion people around the world.