Datang International Power Generation (HKG:0991, SHA:601991) issued 2 billion yuan worth of super short-term financing bonds, the sixth tranche of such debt issued by the company this year, according to a Shanghai bourse filing on Tuesday.
The notes carry a coupon rate of 1.35% and mature in 120 days.
China Minsheng Banking (SHA:600016, HKG:1988) is the lead underwriter and bookrunner of the issuance.
The proceeds will be used to supplement the company's working capital and repay debt.
The power company's Hong Kong shares fell 2% during the midday trade.
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