Datang Environment Industry Group Co., Ltd. Class H (HK:1272) has released an update.
Datang Environment Industry Group Co., Ltd. has successfully issued the second tranche of super short-term commercial paper for 2024, raising RMB 500 million with a 106-day term and an interest rate of 1.77%. The funds raised will be allocated towards the repayment of the company’s interest-bearing liabilities. This financial maneuver signals the company’s proactive management of its debt obligations and liquidity.
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