Huaneng Power International (SHA:600011, HKG:0902) recently completed the issue of 2 billion yuan of super short-term debentures, a Thursday bourse filing said.
The bonds carry an interest rate of 1.92% and will fall due in 91 days.
The electric power company will use proceeds from the issue to supplement working capital, adjust debt structure, and repay bank loans and debt due.
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