China Longyuan Power Group Corporation Limited announced the successful completion of its ultra short-term debenture issuance on 28 April 2026. The placement raised RMB1.80 billion, carrying a 148-day tenor and a coupon rate of 1.35%. Interest accrues from 29 April 2026.
The issue was structured with a nominal value of RMB100 per debenture. China Minsheng Bank Corp., Ltd. acted as lead underwriter, while Bank of Jiangsu Co., Ltd. served as joint lead underwriter.
According to the disclosure, all proceeds are earmarked for replenishing daily working capital and repaying interest-bearing debt across the company and its subsidiaries.
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