HONG KONG, 9 January 2020 – 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 USD Notes (“USD Notes”) 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 its existing indebtedness and for general corporate purposes.