HUANENG POWER Completes Issuance of RMB 2 Billion Medium-Term Notes

Stock News

07/08

HUANENG POWER (HKEX: 00902) has announced the recent completion of its 2026 fifth-phase medium-term notes issuance, designated as a special bond for energy security and supply.

The issuance size for this bond totals RMB 2 billion. It carries a term of 2+N years, with a unit face value of RMB 100 and an issuance coupon rate of 1.67%.

A syndicate, led by CITIC Securities Co., Ltd., China Merchants Securities Co., Ltd., and Guotai Junan Securities Co., Ltd. as the joint lead underwriters, facilitated the public offering in the national interbank bond market. The issuance was conducted through a book-building and centralized allotment process.

The funds raised from this bond issuance are designated to be fully utilized for repaying the special bonds associated with energy security and supply obligations.

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