Huaneng Power International, Inc. has announced the completion of its eighth tranche of super short-term commercial papers for 2025. According to the official filing, the total issuing amount was RMB3 billion, with a maturity period of 92 days and an interest rate set at 1.46%.

China Minsheng Banking Corp., Ltd. and Bank of Beijing Co., Ltd. served as lead underwriters for the offering. The proceeds will be allocated toward supplementing working capital, adjusting the overall debt structure, and repaying existing bank loans and other due debts. Documentation related to the issuance can be found on the China Money website and the Shanghai Clearing House website.

The company notes that this issuance does not constitute a transaction under Chapter 14 or Chapter 14A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The mandate to issue further domestic and/or overseas debt financing instruments, not exceeding RMB170 billion in total principal, remains valid until the conclusion of the 2025 annual general meeting.