CHINA WATER (00855) plans to issue 1 billion yuan of guaranteed blue bonds with a maturity date in 2030 and an interest rate of 3.45%.

CHINA WATER (00855) announced that on January 21, 2025, the company entered into a subscription agreement with CGIF, joint global coordinators, joint bookrunners, and joint lead managers for the issuance of RMB 1 billion 3.45% guaranteed blue bond maturing in 2030. The company intends to use the net proceeds from the bond issuance to repay some offshore debts and follow its green and blue financing framework.