China Power Issues 2 Billion Yuan Medium-Term Notes

MT Newswires Live
19 Jun

China Power International Development (HKG:2380) said it has issued 2 billion yuan worth of unsecured medium-term notes in the Chinese interbank bond market, according to a Thursday Hong Kong bourse filing.

The three-year notes were priced with a 1.70% annual coupon and represent the second tranche issued by the company this year.

Proceeds from the issuance will be used to repay maturing debt, according to the filing.

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