China Everbright Greentech Limited (the “Company,” stock code 1257) announced the completion of its second tranche of the 2025 green perpetual medium-term notes in the People’s Republic of China on 6 November 2025. The principal amount of this issuance stands at RMB1.0 billion, with a coupon rate of 2.23% per annum for the initial three interest-bearing years. The maturity is structured on a 3+N basis, allowing indefinite validity until redemption by the Company according to the issuance terms.
According to the issuance details, the coupon rate will be reset every three years if the Company chooses not to exercise its redemption option. Any redemption will be at face value plus accrued interest. Proceeds from the notes will go toward repaying the Group’s interest-bearing debts, replenishing working capital, and supporting the Group’s environmental protection projects.
The issuance received approval from the National Association of Financial Market Institutional Investors, enabling the Company to issue debt financing instruments up to RMB8.0 billion within two years from the date of registration acceptance. Everbright Securities Company Limited served as the lead underwriter, and Bank of China Limited acted as joint lead underwriter, with the notes offered publicly on the National Interbank Bond Market through centralized book-building.
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