Beijing Enterprises Water Group ( (HK:0371) ) has shared an update.
Beijing Enterprises Water Group Limited has announced the issuance of its 2025 medium-term notes, Series 1, in the People’s Republic of China, with a principal amount not exceeding RMB1 billion, divided into two types with terms of 5 and 10 years. The proceeds from this issuance will be utilized to repay the company’s interest-bearing debts. The issuance includes specific clauses related to change of control, which could allow noteholders to sell back to the company under certain conditions, indicating a strategic financial move aimed at managing the company’s debt obligations efficiently while maintaining compliance with listing regulations.
More about Beijing Enterprises Water Group
YTD Price Performance: -3.12%
Average Trading Volume: 573
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.08B
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