Beijing Enterprises Water proposes up to RMB 2 billion of notes

Chicago, Jan. 18 – Beijing Enterprises Water Group Ltd. said it plans to issue RMB 2 billion of medium-term notes in a first series for the year, according to an announcement.

The company has registered for up to RMB 3 billion of medium-term notes with the National Association of Financial Market Institutional Investors.

Proceeds will be used for general working capital.

There will be a change-of-control clause.

Beijing Enterprises provides a broad range of water services and environmental protection services in China. The company is based in Hong Kong.

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