HONG KONG, 15 January 2024 – 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 Linyi Eastern City Construction Investment Group Co., Ltd. (“LECCI”; ‘BBB-/Stable’).
LECCI intends to use the net proceeds from this offering for project construction and supplement of working capital.