HONG KONG, 15 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 CNY green bonds (“the Bonds”) to be issued by Zhuhai Rural Commercial Bank Company Limited (“ZRCB”; ‘BBB-’/Stable).
ZRCB intends to use the net proceeds from this offering to finance eligible projects as defined in the green finance framework.