HONG KONG, 8 October 2019 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BB+’ global scale Long-term Issuer Credit Rating to E-House (China) Enterprise Holdings Limited (“E-House”). The Outlook is Stable.
At the same time, Lianhe Global has assigned ‘BB+’ global scale Long-term Issuance Credit Rating to the proposed senior unsecured USD notes (“the USD notes”) to be issued by E-House.
E-House intends to use the net proceeds from this offering for refinancing its existing indebtedness and for general corporate purposes.