HONG KONG, 17 June 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to the USD Guaranteed Bonds (“the Bonds”) to be issued by Lunan (Zaozhuang) Economic Development Investment Co., Ltd. (“LEDI”; ‘BBB/Stable’). The Bonds will be unconditionally and irrevocably guaranteed by Lunan Development Investment Holding (Zaozhuang) Group Co., Ltd. (“LDIH”).
LEDI intends to use the net proceeds from this offering for project construction and replenishment of working capital.