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China Everbright Water ( (SG:U9E) ) has issued an announcement.
China Everbright Water Limited has announced the outcome of noteholders’ exercise of the resale option attached to its 2023 first tranche medium term notes. During the 27 March to 2 April 2026 window, noteholders chose to resell RMB0.8 billion of the RMB10 billion notes, leaving RMB9.2 billion outstanding at a coupon rate of 1.93%.
The limited take-up of the resale option indicates that the majority of investors opted to retain their holdings in the company’s onshore debt. This result suggests continued investor confidence in China Everbright Water’s credit profile and funding structure, as most of the medium term notes remain in the market under existing terms.
More about China Everbright Water
China Everbright Water Limited is a Bermuda-incorporated company listed in Hong Kong and Singapore, operating in the water and environmental services sector. The company focuses on water treatment and related infrastructure projects in mainland China, positioning itself as part of the broader environmental protection and utilities industry.
See more data about U9E stock on TipRanks’ Stock Analysis page.