--- title: "China Water Affairs boosts 2030 bond issue to fund green projects and debt refinancing" type: "News" locale: "en" url: "https://longbridge.com/en/news/284467056.md" description: "China Water Affairs Group (HK:0855) has announced a bond issue of an additional US$150 million in 5.875% senior notes due 2030, consolidating with an existing tranche. The proceeds, approximately US$143 million, will be used for refinancing existing debts and funding green projects, particularly in water supply, under its Green & Blue Finance Framework. The company aims to enhance its balance sheet and commitment to sustainable financing. Analysts rate the stock as a Buy with a target price of HK$5.30." datetime: "2026-04-29T00:19:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284467056.md) - [en](https://longbridge.com/en/news/284467056.md) - [zh-HK](https://longbridge.com/zh-HK/news/284467056.md) --- # China Water Affairs boosts 2030 bond issue to fund green projects and debt refinancing ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An update from China Water Affairs Group ( (HK:0855) ) is now available. China Water Affairs Group has entered into a purchase agreement with a syndicate of international banks to issue an additional US$150 million of 5.875% senior notes due 2030, which will be consolidated into a single series with an existing US$150 million tranche of identical notes issued earlier. The transaction deepens the company’s access to U.S. dollar bond markets and extends its funding profile through fixed-rate debt. The gross proceeds of about US$143 million from the new notes will be used to fund a concurrent offer to purchase existing obligations and to repay selected offshore indebtedness, supporting balance-sheet management and liability refinancing. The company also plans to allocate an amount equal to the gross proceeds to finance or refinance eligible green projects, especially water supply initiatives under its Green & Blue Finance Framework, underscoring its commitment to sustainable financing and environmental infrastructure investment. The most recent analyst rating on (HK:0855) stock is a Buy with a HK$5.30 price target. To see the full list of analyst forecasts on China Water Affairs Group stock, see the HK:0855 Stock Forecast page. **More about China Water Affairs Group** China Water Affairs Group is a Hong Kong-listed utility company focused on water supply and related infrastructure services. The group develops, operates and finances water projects, with a particular emphasis on expanding and upgrading water supply systems, and increasingly aligns its financing activities with green and sustainable investment frameworks. **Average Trading Volume:** 1,514,322 **Technical Sentiment Signal:** Sell **Current Market Cap:** HK$8.03B ### Related Stocks - [00855.HK](https://longbridge.com/en/quote/00855.HK.md) ## Related News & Research - [China Water Affairs Group (SEHK:855) Valuation Check As New Green Senior Notes Are Issued](https://longbridge.com/en/news/286023202.md) - [China Water Affairs Group Seeks Shareholder Approval for Warrant Placing to Fund Growth](https://longbridge.com/en/news/286169155.md) - [Stardust Solar Energy Signs 30 MW MOU with POWERCHINA | SUNXF Stock News](https://longbridge.com/en/news/287065825.md) - [Zunder launches charging infrastructure software Kawat for third parties](https://longbridge.com/en/news/287080731.md) - [Karbon-X and Evertrak Sign Letter of Intent to Advance Infrastructure-Linked Plastic Waste Reduction Credit Initiative | KARX Stock News](https://longbridge.com/en/news/286950981.md)