Lianhe Global has assigned ‘B+’ to Jingrui Holdings Company Limited’s Proposed USD Notes

HONG KONG, 18 July 2019 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘B+’ global scale Long-term Issuance Credit Rating to the proposed senior unsecured USD notes (“the USD notes”) to be issued by Jingrui Holdings Company Limited (“Jingrui”; ‘B+’/Stable).

Jingrui intends to use the net proceeds from the USD notes to refinance its existing indebtedness.

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