China Everbright Secures Approval for RMB5 Billion Medium-Term Notes

China Everbright ( (HK:0257) ) just unveiled an announcement.

China Everbright Environment Group Limited announced that its subsidiary, Everbright Environmental Protection (China) Limited, has received approval from the National Association of Financial Market Institutional Investors for the registration of medium-term notes amounting to up to RMB5 billion. This approval allows the company to issue these notes in tranches over the next two years, subject to market conditions, which could impact its financial strategy and market positioning by providing additional capital for its operations.

More about China Everbright

China Everbright Environment Group Limited operates in the environmental protection industry, focusing on providing environmental solutions and services. The company is involved in various sectors including waste-to-energy, biomass power generation, and environmental water projects, with a market focus on sustainable development and green initiatives.

YTD Price Performance: -5.68%

Average Trading Volume: 20,834,218

Technical Sentiment Signal: Buy

Current Market Cap: HK$22.42B

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