HONG KONG, 26 February 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to the senior unsecured bonds (“the Bonds”) to be issued by Chengdu Vartaim Cultural Tourism Development Co., Ltd. (“Vartaim”; ‘BBB+/Stable’).
Vartaim intends to use the net proceeds from this offering for project construction and supplement of working capital.