Huaneng Power International Sells 2.5 Billion Yuan Commercial Papers

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Huaneng Power International (SHA:600011, HKG:0902) completed the issue of 2.5 billion yuan of commercial papers.

The commercial papers carry an interest rate of 1.32% and will fall due in 68 days, according to a Monday bourse filing.

The company will use proceeds to supplement working capital, adjust debt structure, and repay bank loans and debt due.

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