China Power International Development (HKG:2380) issued 1 billion yuan of green medium-term bonds in China, an Oct. 18 bourse filing said.
The bonds carry a coupon rate of 2.28% per annum and will fall due in five years.
The power supplier will use proceeds from the issue to repay an existing green medium-term bond and a loan related to a clean energy power generation project.
Shares of the company closed over 1% lower on Monday.
Price (HKD): $3.62, Change: $-0.040, Percent Change: -1.09%
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