News & Events

CCXAP assigns BBBg to Zibo Hi-Tech State-Owned Capital Investment Co., Ltd.’s proposed USD bonds

Hong Kong, 24 May 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has a senior unsecured debt rating of BBBg to the proposed USD bonds to be issued by Zibo High-Tech International Investment Co., Limited, a wholly-owned subsidiary of Zibo Hi-Tech State-Owned Capital Investment Co., Ltd. (“ZBHT” or the “Company”) (BBBg/stable), and unconditionally and irrevocably guaranteed by ZBHT.


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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).