Lianhe Global has assigned ‘BB+’ to Logan Property Holdings Company Limited’s proposed USD notes

HONG KONG, 7 January 2020 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BB+’ global scale Long-term Issuance Credit Rating to the proposed senior unsecured USD notes (“the USD notes”) to be issued by Logan Property Holdings Company Limited (3380.HK) (“Logan”; ‘BB+’/Stable).

Logan intends to use the net proceeds from the USD notes for refinancing its existing indebtedness.