Published on 8/16/2023 in the Prospect News Emerging Markets Daily.
New Issue: China Everbright issues RMB 4 billion of 2.9% three-year notes at par
By William Gullotti
Buffalo, N.Y., Aug. 16 – China Everbright Ltd. issued RMB 4 billion of 2.9% medium-term notes due Aug. 16, 2026 at par of RMB 100, according to an announcement on Wednesday.
Proceeds will be used to repay maturing debt.
China Everbright is a Hong Kong-based financial services company.
Issuer: | China Everbright Ltd.
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Issue: | Medium-term notes
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Amount: | RMB 4 billion
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Maturity: | Aug. 16, 2026
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Coupon: | 2.9%
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Price: | Par of RMB 100
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Yield: | 2.9%
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Settlement date: | Aug. 16
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