The company had previously received a notice of registration from the National Association of Financial Market Institutional Investors of the People’s Republic of China to issue the perpetuals in multiple tranches with a registered principal amount of RMB3 billion.
China Everbright Water has completed the issuance of the first tranche of perpetual medium term notes to institutional investors in the national inter-bank bond market of mainland China.
The notes have a principal amount of RMB700 million ($144.4 million). The RMB-denominated notes come with a maturity term of 3+N years and an interest rate of 3.30%.
