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China Everbright Water to Issue AAA-Rated Medium-Term Notes
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China Everbright Water to Issue AAA-Rated Medium-Term Notes

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.

For further insights into SG:U9E stock, check out TipRanks’ Stock Analysis page.

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