HONG KONG, 3 December 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 Zhengzhou Urban Construction Investment Group Co., Ltd. (“ZZC”; ‘A-/Stable’).
ZZC intends to use the net proceeds from this offering for refinancing of existing borrowings.