CHINA POWER (02380) Completes Issuance of RMB 2 Billion Ultra-Short-Term Financing Bonds

Stock News

08/28

CHINA POWER (02380) announced that on August 27, 2028, the company successfully issued its first ultra-short-term financing bonds for the year (Ultra-Short Bonds – 2025 Series 1) in mainland China under its existing debt financing instrument (DFI) registration with the National Association of Financial Market Institutional Investors (NAFMII).

The bond issuance has a principal amount of RMB 2 billion with a coupon rate of 1.69% per annum. The proceeds from this financing will be utilized to repay maturing debts.

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