HUANENG POWER (00902) Plans to Issue Up to RMB2.5 Billion Corporate Bonds

Stock News
Nov 12

HUANENG POWER (00902) announced its plan to issue the first tranche of technology innovation corporate bonds for professional investors in 2025, with a total issuance size not exceeding RMB2.5 billion (inclusive). Each bond has a face value of RMB100 and will be issued at RMB100 per bond.

The bonds are divided into two series: Series 1 has a maturity of 5 years, while Series 2 has a maturity of 10 years. The coupon rate range for Series 1 is set between 1.45% and 2.45%, whereas Series 2 offers a coupon rate range of 1.75% to 2.75%.

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