Huadian Power International (SHA:600027, HKG:1071) issued 1.5 billion yuan in 78-day bonds, according to a Wednesday filing with the Shanghai bourse.
The bonds have a coupon rate of 1.33% and form part of an 80 billion-yuan bond program.
Proceeds will be used to repay debt and boost working capital.
Industrial Bank and Bank of Nanjing are the lead underwriters.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments