Standard & Poor's: Assigns Shandong Gold Group's Proposed US Dollar Bonds a "BBB-" Long-term Issuer Credit Rating

On May 14, S&P has assigned Shandong Gold Group Co., Ltd (referred to as "Shandong Gold Group") a BBB-/Stable long-term issuer credit rating for its proposed issuance of senior unsecured US dollar notes rated "BBB-". The issuer is Shandong Gold Group's special purpose financing entity for which Shandong Gold Group will provide an unconditional and irrevocable guarantee.