Huadian New Energy Issues Two Tranches of 250-Day Bonds

MT Newswires Live

Aug 19

Huadian New Energy (SHA:600930) will issue two tranches of 250-day bonds worth a total of 3 billion yuan, according to a Wednesday filing with the Shanghai bourse.

The first tranche is worth 2 billion yuan with an interest rate of 1.41%, with Bank of China as bookkeeping manager and lead underwriter, and China Minsheng Bank and China Merchants Bank as joint lead underwriters.

The second tranche is worth 1 billion yuan and is underwritten by Industrial Bank and Agricultural Bank of China.

Both issuances mature on April 24, 2027.

Shares fell 2% during morning trading on Wednesday.

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