HONG KONG, 19 March 2025 – 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 Foshan Gaoming Construction Investment Group (“FGCI”; ‘BBB+/Stable’).
FGCI intends to use the net proceeds from this offering for refinancing existing indebtedness.