Huaneng Power International Inc. Issues Fifth Tranche of Super Short-Term Commercial Papers Worth RMB3 Billion

Reuters
09 Jul
<a href="https://laohu8.com/S/00902">Huaneng Power</a> International Inc. Issues Fifth Tranche of Super Short-Term Commercial Papers Worth RMB3 Billion

Huaneng Power International Inc. has announced the completion of its fifth tranche of super short-term commercial papers for 2025. The issuance, valued at RMB3 billion, has a maturity period of 99 days and carries an interest rate of 1.42%. The unit face value of the Debentures is RMB100. The proceeds from this issuance will be used to supplement the company's working capital, adjust its debt structure, and repay bank loans and debt due. The issuance was led by CHINA BOHAI BANK CO., LTD. and China Minsheng Banking Corp., Ltd., who formed an underwriting syndicate for placement in the domestic bond market among banks. Relevant documents regarding the Debentures can be found on the websites of China Money and Shanghai Clearing House at www.chinamoney.com.cn and https://www.shclearing.com.cn, respectively.

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