Beijing Enterprises Water Group (HKG:0371) completed the issue 1 billion yuan worth of medium-term bonds to qualified investors on Jan. 9, a Monday bourse filing said.

Of this, 600 million yuan of bonds have a 1.80% per annum coupon rate and will mature in January 2030, while 400 million yuan of the bonds have a maturity date in January 2035 and a coupon rate of 2.20% per annum.

The water and environmental protection service provider will use proceeds from the issue to repay interest-bearing debts.