CHINA WATER (00855) has issued an announcement regarding its plan to conduct an international offering for an additional issuance of US dollar-denominated priority notes. These new notes will be consolidated with the $150 million 5.875% priority notes maturing in 2030, which were issued on October 22, 2025, to form a single series.

The net proceeds from this offering, after deducting underwriting discounts, commissions, and other estimated expenses payable by the company, will be used to fund a concurrent tender offer and repay certain other offshore debts. Furthermore, the company intends to allocate an amount equivalent to the total proceeds from this offering, either in full or in part, to finance or refinance eligible green projects—particularly water supply initiatives—under its Blue-Green Financing Framework.

During the proposed additional note issuance period, the company will also conduct a concurrent tender offer. Funding for this concurrent tender offer will be sourced from the proceeds of the proposed note issuance and the company's internal resources.