By Mary-Katherine Stinson
Lexington, Ky., March 6 – China Everbright Environment Group Ltd. sold RMB 2 billion 3.1% medium-term notes with a three-year tenor, according to a notice.
Everbright Securities acted as lead underwriter and Industrial Bank Co., Ltd. acted as a joint lead underwriter for the notes.
The notes were publicly offered in the national interbank bond market by way of a centralized bookbuilding and placing exercise.
The proceeds will be used for repayments of the company’s bank borrowings.
Hong Kong-based China Everbright Environment Group is an integrated environmental solution provider in China.
| Issuer: | China Everbright Environment Group Ltd.
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| Amount: | RMB 2 billion
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| Issue: | Notes, series 1
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| Maturity: | March 3, 2026
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| Bookrunners: | Everbright Securities and Industrial Bank Co., Ltd.
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| Coupon: | 3.1%
|
| Price: | Par of RMB 100
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| Yield: | 3.1%
|
| Issue date: | March 2
|
| Distribution: | China
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