BJ ENT WATER Plans 1.5 Billion Yuan Medium-Term Note Issuance

Stock News

Apr 30

BJ ENT WATER (00371) has announced its intention to issue 1.5 billion yuan in medium-term notes domestically. The company 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 was approved in June 2025, allowing for issuance at an appropriate time. This specific issuance, designated as the second tranche of medium-term notes for 2026, will have a five-year term. The proceeds from the notes are planned to be used for repaying the company's existing debts and interest, as well as for supplementing working capital.

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