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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.
Issue:Medium-term notes
Amount:RMB 4 billion
Maturity:Aug. 16, 2026
Coupon:2.9%
Price:Par of RMB 100
Yield:2.9%
Settlement date:Aug. 16

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