HONG KONG, 13 December 2022 – 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 offshore bonds (“the Bonds”) to be issued by Chengdu Xinjin City Industry Development Group Company Ltd. (“CXCID”; ‘BBB-’/Stable).
CXCID intends to use the net proceeds from this offering for project development and supplement of working capital.