China Everbright Water pay out on 2024 Notes
China Everbright Water Limited will pay interest on its 2024 first tranche medium-term notes, which have a principal amount of RMB1.5 billion ($214.4 million) and were issued to institutional investors in China’s national inter-bank bond market in early January 2024.
A Simply Wall St article said China Everbright Water Limited share price is up 11 per cent in the last five years, less than the market return and up just 4.2 per cent in the last year.
The interest, calculated at an annual simple rate of 2.8 per cent for the period from January 8, 2025 to January 7, 2026, will be paid on January 8, 2026 (or the next working day if that date is a statutory holiday in the Chinese Mainland), underscoring the company’s adherence to its debt obligations and providing clarity and predictability for bondholders and institutional investors.
China Everbright Water Limited is a Bermuda-incorporated company listed in Hong Kong and Singapore that operates in the water and environmental services industry. The company focuses on water treatment and related infrastructure projects, serving institutional and public-sector clients, particularly in the Chinese Mainland market.
