HONG KONG, 4 June 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A+’ global scale Long-term Issuance Credit Rating to the proposed Credit Enhanced USD Bonds (“the Bonds”) to be issued by Dujiangyan Minjiang Water Group Co., Ltd. (“DMWG”; ‘BBB/Stable’). The Bonds will have the benefit of USD-denominated irrevocable standby letter of credit (“the SBLC”) issued by Huishang Bank Corporation Limited (“HBC”).
DMWG intends to use the net proceeds from this offering for refinancing purpose.