Lianhe Global: Yancheng Oriental Investment & Development Group Co., Ltd.’s Long-term Issuance Credit Rating Unaffected by the Proposed USD Bonds Tap Issuance

HONG KONG, 14 November 2019 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, says Yancheng Oriental Investment & Development Group Co., Ltd.’s (“Yancheng Oriental”; ‘BB+’/Stable) proposed tap issuance of its USD360 million 7% senior bonds due 2022 will not affect the ‘BB+’ rating on the bonds.

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