HONG KONG, 30 August 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A+’ global scale Long-term Issuance Credit Rating to the CNY Guaranteed Bonds (“the Bonds”) to be issued by Mianyang Xinxing Investment Holdings Co., Ltd. (also known as Mianyang Emerging Investment Holdings Co., Ltd.) (“MYXI”; ‘BBB-/Stable’). The Bonds will be unconditionally and irrevocably guaranteed by Tianfu Bond Insurance Co., Ltd (“TBI”).
MYXI intends to use the net proceeds from this offering for project construction and supplement of working capital.