HONG KONG, 30 November 2023 – 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 Chongqing Tongda Investment Co., Ltd. (“CTI”; ‘BBB-/Stable’).
CTI intends to use the net proceeds from this offering for project construction and supplement of working capital.