HUANENG POWER (00902) Plans to Issue Renewable Corporate Bonds Worth Up to RMB 1.5 Billion

Stock News

09/22

HUANENG POWER (00902) announced that the company plans to issue the 2025 Technology Innovation Renewable Corporate Bonds (Fourth Tranche) for professional investors from September 24, 2025 (T-day) to September 25, 2025 (T+1 day). The issuance scale of these bonds will not exceed RMB 1.5 billion (including RMB 1.5 billion).

The coupon rate inquiry range for Bond Type I is 1.70%-2.70%, while Bond Type II has a coupon rate inquiry range of 1.90%-2.90%. Bond Type I is abbreviated as "25HPI5YK" with bond code "243873.SH", and Bond Type II is abbreviated as "25HPI6YK" with bond code "243874.SH".

After deducting relevant issuance expenses, the proceeds from these bonds are intended to be used for productive expenditures, including repayment of interest-bearing debts, supplementing working capital, project investment and operations, and other purposes that comply with legal and regulatory requirements.

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