WaterBridge Infrastructure (WBI) said Thursday its WBI Operating unit has priced an expanded $150 million debt offering of 6.5% senior notes due 2033 at par.
The company increased the placement size from $100 million and expects to close the transaction on Aug. 18, subject to standard conditions, it added.
WaterBridge said it plans to use the offering net proceeds to repay a part of borrowings under its credit facility.
Dongwon Industries (KRX:006040) has provided a 460.0 billion won guarantee on affiliate Dongwon Construction Industry's debt of the same amount with Meritz Fire & Marine Insurance and five other institutions, according to a Wednesday filing with the Korea Exchange.The guarantee relates to the completion of a new logistics warehouse in which the affiliate is a contractor.The guarantee period will last until Dec. 25, 2028.Shares of the seafood company rose more than 3% in recent trade.
Yunnan Copper (SHE:000878) will pay interest on its five-year, 500 million-yuan science and technology bonds, according to a Thursday filing with the Shenzhen bourse.The bonds, issued in 2025, will pay interest of 2.2%, equivalent to 11 million yuan.China Everbright Bank (HKG:6818, SHA:601818) and China Merchants Bank (HKG:3968, SHA:600036) are the lead underwriters of this issuance.Shares fell 2% during morning trading on Thursday.
Jiangsu Expressway (SHA:600377, HKG:0177) will issue 590 million yuan in 261-day bonds, according to a Thursday filing with the Shanghai bourse.The bonds have an issuance rate of 1.41% and form part of a 4-billion-yuan bond program.CITIC Bank (HKG:0998, SHA:601998) is the bookkeeping manager and lead underwriter, while Jiangsu Bank is the joint lead underwriter.Shares rose 2% in Shanghai during morning trading on Thursday.