According to an announcement, BJ ENT WATER (00371) has disclosed its intention to issue a new batch of medium-term notes.
The company had previously applied to the National Association of Financial Market Institutional Investors for a unified registration of multi-variety debt financing instruments with a total quota of 15 billion yuan, which received approval in June 2025, allowing for issuance at an appropriate time.
The company now plans to issue the 2026 third tranche medium-term notes with a principal amount of 1.2 billion yuan within the People's Republic of China.
These notes will have a term of five years.
The proceeds raised from this issuance are intended to be used for repaying borrowings from overseas financial institutions and for paying interest on domestic bonds.