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2023.1.4
CCXAP assigns BBBg- to Linyi Lanshan District Finance Investment Group Co., Ltd.’s proposed offshore bonds

Hong Kong, 4 January 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned an expected senior unsecured debt rating of BBBg- to the proposed offshore bonds to be issued by Langya Overseas Co., Ltd., an indirect wholly-owned subsidiary of Linyi Lanshan District Finance Investment Group Co., Ltd. (“LSFI” or the “Company”) (BBBg-/stable), and unconditionally and irrevocably guaranteed by LSFI.

 

Click HERE to download the press release.

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022, available at www.ccxap.com (Rating Methodologies).