SEHK:371Water Utilities
Beijing Enterprises Water Group (SEHK:371): Valuation Check After RMB2 Billion Note Issuance and Debt Refinancing
Beijing Enterprises Water Group (SEHK:371) has just wrapped up a RMB 2 billion medium term note issuance, using the fresh funding to refinance offshore loans and streamline its debt profile for the years ahead.
See our latest analysis for Beijing Enterprises Water Group.
The funding move lands as the HK$2.59 share price grinds higher, with a solid year to date share price return and an even stronger one year total shareholder return hinting that investors are slowly rewarding steadier balance...