Lianhe Global has assigned ‘BB’ to Yuzhou Properties Company Limited’s proposed USD notes

HONG KONG, 06 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 Yuzhou Properties Company Limited (01628.HK) (“Yuzhou”; ‘BB’/Stable).

Yuzhou intends to use the net proceeds from this offering for refinancing its existing indebtedness.