Lianhe Global has assigned ‘A-’ global scale Long-term Issuance Credit Rating to Chengdu Airport Industry Xingcheng Investment Development Co., Ltd.’s proposed senior unsecured bonds

HONG KONG, 7 February 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A-’ global scale Long-term Issuance Credit Rating to the senior unsecured bonds (“the Bonds”) to be issued by Chengdu Airport Industry Xingcheng Investment Development Co., Ltd. (“CAIXID”; ‘A-/Stable’).

CAIXID intends to use the net proceeds from this offering for project construction and supplement of working capital.