CGN Power Completes Combined CNY2 Billion Ultra-Short Term Financing Issuance

Stock News02-11

CGN Power (01816) has announced the successful issuance of its first and second tranches of ultra-short-term financing notes for the year 2026 on February 10, 2026. The first tranche, with a total value of CNY1 billion, carries a term of 268 days, a face value of CNY100 per note, and an issuance rate of 1.55%. It becomes effective on February 11, 2026, with maturity set for November 6, 2026. The second tranche is identical in size, term, face value, and interest rate. It shares the same effective and maturity dates as the first tranche. The total proceeds raised from these issuances will be allocated entirely to repaying borrowings of the company's subsidiaries.

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