Beijing Enterprises Water readies sale of third tranche of 2023 notes

Chicago, May 30 – Beijing Enterprises Water Group Ltd., which recently closed on its series 2 notes on May 24, is readying the sale of up to RMB 1 billion of series 3 notes, according to an announcement.

The five-year notes will come with a call option and a put option two years before the maturity date.

On the call and put date, the coupon will be adjusted.

Proceeds will be used to repay interest-bearing debts.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.