CGN Power Sells 2 Billion Yuan Bonds

MT Newswires Live04-22

CGN Power (HKG:1816, SHE:003816) completed the issue of 1 billion yuan each of two series of bonds in China's interbank debenture market, according to a Wednesday Hong Kong bourse filing.

Both tranches of bonds carry an interest rate of 1.63% and will fall due April 22, 2029.

The power supplier bookmarked proceeds to repay the borrowings of its units.

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