China’s Yunnan Water plans to offer RMB 1 billion medium-term notes

By Marisa Wong

Morgantown, W.Va., June 12 – Yunnan Water Investment Co., Ltd. said it plans to issue up to RMB 1 billion of medium-term notes with terms of no more than five years.

Hua Xia Bank Co., Ltd. will be the main underwriter.

Proceeds will be used as general working capital and to repay debt.

Yunnan Water is an investment holding company based in Kunming, China. Its focus is on municipal water supply and wastewater treatment facilities.

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