China Longyuan Power Group Corporation Limited announced the completion of its latest ultra short-term debenture issuance on 27 May 2026. The transaction raised RMB1.40 billion, with each debenture carrying a 180-day tenor, a nominal value of RMB100, and a fixed coupon rate of 1.32% accruing from 28 May 2026.
Ping An Bank Co., Ltd. acted as lead underwriter, while China Bohai Bank Co., Ltd. served as joint lead underwriter. According to the company, proceeds will be applied toward replenishing working capital and repaying existing interest-bearing debt across the issuer and its subsidiaries.
The issuance follows shareholder approval granted at China Longyuan’s 2025 annual general meeting, as disclosed in the company’s 29 April 2026 announcement.