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China Everbright Issues New Tranche of Green Notes
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China Everbright Issues New Tranche of Green Notes

China Everbright Greentech Ltd. (HK:1257) has released an update.

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China Everbright Greentech Limited has successfully issued the ‘2024 Third Tranche Medium-term Note’ in the PRC, adding RMB1 billion to its finances with a fixed coupon rate of 2.43% for the initial three years. The note, issued on September 11, 2024, will have an indefinite maturity period until the company chooses to redeem it. This strategic move falls under the company’s approved plans to issue debt financing instruments totaling up to RMB5 billion within a two-year period.

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