HUANENG POWER (00902) Plans to Issue Up to RMB2.5 Billion Corporate Bonds

Stock News
11/12

HUANENG POWER (00902) announced its plan to issue the first tranche of technology innovation corporate bonds for professional investors in 2025, with a total issuance size not exceeding RMB2.5 billion (inclusive). Each bond has a face value of RMB100 and will be issued at RMB100 per bond.

The bonds are divided into two series: Series 1 has a maturity of 5 years, while Series 2 has a maturity of 10 years. The coupon rate range for Series 1 is set between 1.45% and 2.45%, whereas Series 2 offers a coupon rate range of 1.75% to 2.75%.

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