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China Everbright Water to Redeem 2022 Perpetual Notes

Story Highlights
  • China Everbright Water focuses on water management and environmental protection.
  • The company will redeem RMB700 million in medium-term notes, impacting its financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Everbright Water to Redeem 2022 Perpetual Notes

Confident Investing Starts Here:

The latest update is out from China Everbright Water ( (SG:U9E) ).

China Everbright Water Limited has announced its decision to exercise the redemption right for its 2022 First Tranche Perpetual Medium Term Notes, amounting to RMB700 million. This move is in line with the terms set during the issuance in June 2022, potentially impacting the company’s financial strategy and signaling its commitment to managing its financial obligations effectively.

More about China Everbright Water

China Everbright Water Limited is a company incorporated in Bermuda, focusing on water management and environmental protection services. It operates primarily in the national inter-bank bond market of mainland China, catering to institutional investors.

Average Trading Volume: 265,382

Technical Sentiment Signal: Buy

Current Market Cap: S$643.7M

For detailed information about U9E stock, go to TipRanks’ Stock Analysis page.

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