China Everbright Water Successfully Issues RMB1.5 Billion in Medium Term Notes

TigerNews SG
01-08

China Everbright Water Limited has successfully issued its first tranche of 2025 medium term notes, totaling RMB1.5 billion, fully subscribed by institutional investors in mainland China’s inter-bank bond market. The issuance, which has a maturity period of five years and an interest rate of 1.78%, will be used to replenish the company’s working capital. The notes received a AAA credit rating from Shanghai Brilliance Credit Rating & Investors Service Co., Ltd., underscoring the company’s strong financial standing.

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