Shanghai Electric Power Issues 2.5 Billion Yuan of Bonds

MT Newswires Live

08/21

Shanghai Electric Power (SHA:600021) issued 2.5 billion yuan of 114-day bonds, according to a Friday filing with the Shanghai Stock Exchange.

The bonds have an annualized coupon rate of 1.47% and are underwritten by Bank of Beijing.

State Power Investment Corporation Finance subscribed for 400 million yuan of the bonds.

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