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China Everbright Water ( (SG:U9E) ) has shared an update.
China Everbright Water Limited has successfully issued the second tranche of its 2025 medium term notes, raising RMB1 billion with a subscription rate of 3.28 times from institutional investors in China’s inter-bank bond market. The proceeds will be used to repay outstanding debts, and the issuance, rated ‘AAA’, highlights the company’s strong credit standing and strategic financial management, potentially enhancing its market position and stakeholder confidence.
More about China Everbright Water
China Everbright Water Limited is an environmental protection company that focuses on water environment management. It operates primarily in the water treatment industry, providing services and solutions for managing water resources and environmental protection.
YTD Price Performance: 1.11%
Average Trading Volume: 7,353
Technical Sentiment Signal: Hold
Current Market Cap: $509.7M
For detailed information about U9E stock, go to TipRanks’ Stock Analysis page.