China Everbright Water (SG:U9E) has released an update.
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China Everbright Water Limited plans to issue its 2025 first tranche medium-term notes worth RMB1.5 billion in January 2025 to boost its working capital. These notes, rated ‘AAA’ by Shanghai Brilliance Credit Rating, will have a maturity of five years with options for interest rate adjustments and resale. The final issuance details will be announced in early January 2025, with the issuance dependent on market conditions.
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