Huaneng Power International Successfully Issues RMB 3 Billion Ultra-Short-Term Financing Bonds

Stock News10-13

Huaneng Power International, Inc. (00902) has announced that the company recently completed the issuance of its 2026 thirteenth tranche of ultra-short-term financing bonds.

The bond issuance amounted to RMB 3 billion, with a term of 88 days, a unit face value of RMB 100, and an issuance interest rate of 1.30%.

The bonds were publicly issued in the national interbank bond market through book building and centralized placement, with Industrial Bank Co., Ltd. and China Minsheng Bank Corp., Ltd. serving as lead underwriters to organize the underwriting syndicate.

The proceeds from this bond issuance will be used to supplement the company's working capital, adjust its debt structure, repay bank loans, and repay bonds that are about to mature.

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