Everbright Water issues $59m worth of asset-backed securities

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No Proceeds will be used to replenish working capital of the company and its subsidiaries. Environmental protection company China Everbright Water Limited has issued $59m (RMB300m) of asset-backed securities to qualified investors in mainland China, according to an announcement. Proceeds from the issuance are said to be used to replenish working capital of the company and its subsidiaries. read more