Huaneng Power International (SHA:600011, HKG:0902) issued the third tranche of its science and technology innovation bonds for the year, amounting to 1.50 billion yuan, according to a Shanghai bourse filing on Thursday.
The bonds have an interest rate of 1.90% and a term of 10 years.
Proceeds from the issuance will be used to pay debt, to fund operations and to replenish the power company's working capital.
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