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China Everbright Water cancels notes issue

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Published Wed, Jun 10, 2020 · 09:50 PM

Singapore

MAINBOARD-LISTED China Everbright Water has cancelled a proposed 1.2 billion yuan (S$235.5 million) first tranche issuance of medium- term notes in light of "recent volatile conditions" in the Chinese bond market, it said in a bourse filing late Tuesday night.

It added that the move was to control financing costs.

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