China Everbright Water (SGX:U9E, HKG:0165) completed the issuance of the first tranche of its 2026 medium-term bonds, which was fully subscribed, according to a Tuesday filing with the Singapore Exchange.
The bonds, which have a principal amount of 1.5 billion yuan, mature in five years and carry an interest rate of 1.80%.
Proceeds from the issuance will be used to repay existing bonds.
Everbright Securities acted as the lead underwriter and bookrunner, while Bank of China was the joint lead underwriter.