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The latest update is out from China Everbright Water ( (SG:U9E) ).
China Everbright Water Limited has successfully issued the third tranche of its 2025 medium term notes, raising RMB700 million with a subscription rate of 2.87 times from institutional investors. The proceeds will be used to redeem existing perpetual medium term notes, and the issuance has been rated ‘AAA’ by Shanghai Brilliance Credit Rating & Investors Service Co., Ltd., indicating strong financial stability and investor confidence.
More about China Everbright Water
China Everbright Water Limited is an environmental protection company that specializes in water environment management. It operates primarily in the national inter-bank bond market of mainland China, focusing on the issuance of debt financing instruments.
For a thorough assessment of U9E stock, go to TipRanks’ Stock Analysis page.