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Kangda International Environmental Raises $50 Million from Notes Offering

MT Newswires Live09-04 19:26

Kangda International Environmental (HKG:6136) completed the issuance of $50 million of senior notes due 2029 on Sept. 4, the company said in a same-day filing.

The three-year notes carry an annual interest rate of 8%, payable semiannually. Proceeds will be used to repay certain debt and fund working capital.

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