HONG KONG, 17 April 2025 – 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 Fujian Zhanglong Group Co., Ltd. (“Zhanglong Group”; ‘A-/Stable’).
Zhanglong Group intends to use the net proceeds from this offering for refinancing its existing indebtedness.