HONG KONG, 5 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 USD notes (“the USD notes”) issued by Hangzhou Linjiang Investment Development Co., Ltd. (“Linjiang Investment”; ‘BBB+’/Stable)’s indirect wholly-owned subsidiary, LinJiang Investment and Development (BVI) Co., Ltd, which is unconditionally and irrevocably guaranteed by Linjiang Investment.
Linjiang Investment intends to use the net proceeds from this offering for refinancing its existing indebtedness.