CHINA EB LTD (China Everbright Limited) announced the completion of its 2026 third-tranche medium-term notes (Type 2) issuance on 24 July 2026. The offering is part of the company’s up-to-RMB20 billion on-shore debt financing programme first unveiled in July 2025.
Key terms • Issue size: RMB3.00 billion. • Coupon: 1.98% per annum. • Issue price: RMB100 per RMB100 face value. • Tenor: Five years, maturing on 24 July 2031. • Interest commencement: 24 July 2026.
Use of proceeds Net proceeds, after deducting underwriting fees, are earmarked for the repayment of the company’s previously issued medium-term notes reaching maturity.
Programme background Since receiving approval to issue multiple debt instruments totalling up to RMB20 billion, CHINA EB LTD has completed several placements: 1) 2025 second-tranche medium-term notes, 2) 2026 first-tranche medium-term notes, 3) 2026 second-tranche medium-term notes, and 4) the current 2026 third-tranche Type 2 notes.
The latest issuance details have been filed on the China Money and Shanghai Clearing House websites, ensuring transparency for on-shore investors.
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