tiprankstipranks
Datang Environment Completes Short-Term Debt Issue
Company Announcements

Datang Environment Completes Short-Term Debt Issue

Datang Environment Industry Group Co., Ltd. Class H (HK:1272) has released an update.

Don't Miss our Black Friday Offers:

Datang Environment Industry Group Co., Ltd. has successfully issued the second tranche of super short-term commercial paper for 2024, raising RMB 500 million with a 106-day term and an interest rate of 1.77%. The funds raised will be allocated towards the repayment of the company’s interest-bearing liabilities. This financial maneuver signals the company’s proactive management of its debt obligations and liquidity.

For further insights into HK:1272 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App