[ET Net News Agency, 25 January 2022] Beijing Enterprises Water Group Limited (00371)
said the company completed the issue of 2022 Medium-term Notes Series 1 to qualified
investors on 20 January 2022.
The aggregate principal of 2022 Medium-term Notes Series 1 is RMB2 billion, of which
RMB1 billion is for a term of 5 years with the maturity date in January 2027 and coupon
rate at 2.97% per annum. Two years prior to the maturity date, the company shall be
entitled to adjust the coupon rate of the notes and the notes holders shall be entitled to
sell back the notes to the company. The remaining RMB1 billion is for a term of 5 years
with the maturity date in January 2027 and coupon rate at 3.38% per annum. (RC)