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

TigerNews SG
08 Jan

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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