Huaneng Power International Inc (HUANENG POWER) has announced the successful completion of its twelfth batch of ultra-short-term commercial paper for 2026, with the issuance fully wrapped up in recent days. The total offering amount for this tranche stood at RMB 2.5 billion, carrying a tenure of 68 days at a face value of RMB 100 per unit, and an issuing rate set at 1.32%.

The paper was publicly floated on the national interbank bond market via a book-building and centralized placement mechanism, with China Everbright Bank and Bank of Beijing acting as lead underwriters to coordinate the underwriting syndicate. Proceeds from this issuance are earmarked to bolster working capital, refine the debt structure, and facilitate the repayment of bank borrowings along with bonds approaching maturity.

This move underscores the company's proactive approach to liquidity management amidst evolving market conditions, ensuring financial flexibility for its ongoing operational needs.