HONG KONG, 13 January 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 Ninghai County State-owned Assets Investment Holding Group Co., Ltd. (“NCSA”; ‘BBB+/Stable’).
NCSA intends to use the net proceeds from this offering for debt repayment.