HONG KONG, 14 April 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘AA-’ global scale Long-term Issuer Credit Rating of China Great Wall Asset Management Co., Ltd. (“China Great Wall”) and China Great Wall AMC (International) Holdings Co., Ltd. (“Great Wall Intl”). Both Issuer Rating Outlooks are revised to Positive from Stable.
At the same time, Lianhe Global has also affirmed following issuance ratings:
The senior unsecured USD notes’ ‘AA-’ global scale Long-term Issuance Rating, issued by Great Wall Intl’s wholly-owned subsidiary, China Great Wall International Holdings III Limited, and unconditionally and irrevocably guaranteed by Great Wall Intl and supported by keepwell deed and liquidity support undertaking from China Great Wall;
The senior unsecured USD bonds’ ‘AA-’ global scale Long-term Issuance Rating, issued by Great Wall Intl’s wholly-owned subsidiary, China Great Wall International Holdings V Limited and China Great Wall International Holdings VI Limited, and unconditionally and irrevocably guaranteed by Great Wall Intl;
The USD unsubordinated perpetual securities’ (“Perpetual Securities”) ‘AA-’ global scale Long-term Issuance Rating, issued by China Great Wall International Holdings VI Limited, and unconditionally and irrevocably guaranteed by Great Wall Intl.
A full list of affirmed issuance ratings is included in this press release.