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China Water Affairs Group ( (HK:0855) ) has provided an update.
China Water Affairs Group is proposing an international offering of USD denominated senior notes, which will be guaranteed by its subsidiary guarantors. The company aims to use the net proceeds from this offering to repay certain offshore debts and finance or refinance eligible green projects, particularly water supply projects, in line with its Green & Blue Finance Framework. The notes will be listed on the SGX-ST, though no binding agreement has been finalized as of the announcement date.
The most recent analyst rating on (HK:0855) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on China Water Affairs Group stock, see the HK:0855 Stock Forecast page.
More about China Water Affairs Group
YTD Price Performance: 34.04%
Average Trading Volume: 1,787,276
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.59B
See more data about 0855 stock on TipRanks’ Stock Analysis page.