HONG KONG, 30 August 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 Jiangsu Jurong Investment Group Co., Ltd. (“JJIG”; ‘BBB-/Stable’).
JJIG intends to use the net proceeds from this offering for project construction and supplement of working capital.