HONG KONG, 6 February 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 Shandong Taifeng Holding Group Co., Ltd. (“SDTF”; ‘BBB-/Stable’).
SDTF intends to use the net proceeds from this offering for project construction and supplement of working capital.