Huaneng Power Issues CNY2 Billion Medium-Term Note

Stock News06-18

Huaneng Power International, Inc. (00902) has announced the completion of its third medium-term note issuance for the 2026 fiscal year, designated as a special bond for energy supply support.

The issuance amounted to RMB 2 billion, featuring a term structure of 2+N years and a unit face value of RMB 100. The coupon rate for this note is set at 1.70%.

The underwriting syndicate for this bond issuance was led by CITIC Securities Co., Ltd., China Securities Co., Ltd., and Guotai Junan Securities Co., Ltd. The notes were publicly offered in the national interbank bond market through a book-building and centralized placement process.

Proceeds raised from this issuance are designated to be used exclusively for repaying the special bonds related to energy supply support obligations.

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