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An announcement from China Everbright ( (HK:0257) ) is now available.
China Everbright Environment Group has completed the issuance of its 2026 green medium-term notes (Series 2), designated as a carbon neutrality bond, in the domestic interbank market in China. The three-year RMB2 billion notes, carrying a 1.67% annual coupon and issued at par, were publicly placed with institutional investors via a centralised book-building process led by Everbright Securities, alongside China Merchants Bank and Bank of Beijing as joint lead underwriters.
Proceeds from the issue, completed on 23 April 2026 with interest commencing on 27 April 2026 and repayment due on 27 April 2029, will be used entirely to redeem the company’s existing domestic perpetual medium-term notes. The transaction helps the group optimise its capital structure and potentially lower funding costs, while reinforcing its use of labelled green and carbon-neutral instruments in line with China’s policy focus on sustainable finance.
The most recent analyst rating on (HK:0257) stock is a Buy with a HK$5.70 price target. To see the full list of analyst forecasts on China Everbright stock, see the HK:0257 Stock Forecast page.
More about China Everbright
China Everbright Environment Group Limited is a Hong Kong-incorporated company focused on environmental protection and green infrastructure projects in mainland China. The group operates within the broader environmental services and green finance ecosystem, and it regularly taps onshore debt markets to fund and refinance its environmentally linked investments.
Average Trading Volume: 10,541,737
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.48B
For detailed information about 0257 stock, go to TipRanks’ Stock Analysis page.