Everbright Water said the first tranche was fully subscribed for by the Institutional Investors and issued with a principal amount of RMB1 billion, a maturity period of 3 years, an interest rate of 3.60% and a subscription rate of 2.01 times.
China Everbright Water Limited has announced it will issue medium term notes (MTNs) in single or multiple tranches to institutional investors in the inter-bank bond market in mainland China.
The MTNs have a registered principal amount of RMB3 billion ($590 million), with a validity period of two years from 24 April 2020. The Company has completed the issuance of the first tranche of MTNs.
