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Huaneng Power (00902.HK) completed the issuance of 1 billion yuan of ultra-short-term financing bonds with an issuance interest rate of 1.93%.
Huaneng International Power Corporation (00902.HK) announced on August 26th that the company has recently completed the issuance of the 10th tranche of short-term financing bonds for Huaneng International Power Corporation Limited in 2024. The issuance size of this tranche of bonds is RMB 1 billion, with a maturity period of 90 days, a unit face value of RMB 100, and an issuance interest rate of 1.93%. The bonds are underwritten by Bank of Ningbo Co., Ltd. as the lead underwriter and are publicly issued on the national interbank bond market through book-entry and centralized allocation. The proceeds from the issuance will be used to supplement the company's working capital and adjust its debt structure.
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