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The latest announcement is out from China Everbright Water ( (SG:U9E) ).
China Everbright Water Limited has announced its proposal to issue the 2025 second tranche medium term notes worth RMB1 billion in mainland China. The proceeds from this issuance will be used to repay the company’s outstanding debts, and the notes have been given a credit rating of ‘AAA’ by Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. This strategic move is expected to enhance the company’s financial stability and strengthen its position in the water management industry.
More about China Everbright Water
China Everbright Water Limited is a company incorporated in Bermuda, operating in the water management industry. It is listed on both the Hong Kong Stock Exchange and the Singapore Exchange, focusing on providing water treatment and management services.
YTD Price Performance: -2.78%
Average Trading Volume: 7,353
Technical Sentiment Signal: Sell
Current Market Cap: $489.7M
See more insights into U9E stock on TipRanks’ Stock Analysis page.