Huaneng Power (00902) Completes Issuance of CNY 3 Billion Super Short-Term Financing Bonds

Stock News
2025/10/17

Huaneng Power (00902) announced that it has recently completed the issuance of the eighth phase of super short-term financing bonds for the year 2025. The total amount of bonds issued is CNY 3 billion, with a maturity of 92 days and a face value of CNY 100 per unit. The issuance interest rate is 1.46%. The bonds were underwritten by the underwriting syndicate led by China Minsheng Banking Corp., Ltd. and Bank of Beijing Co., Ltd., and were publicly issued in the national interbank bond market through a book-building and centralized allocation process. The funds raised will be used to supplement the company's working capital, adjust its debt structure, repay bank loans, and settle upcoming maturing bonds.

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