Huadian Power Completes 1 Billion Yuan Corporate Bond Issuance
Stock News
Sep 02
Huadian Power International Co., Ltd. (H-shares: 01071) has announced the successful completion of its first tranche of technology innovation corporate bonds for 2026, which were offered to professional investors.
The bond issuance totaled 1 billion yuan, with a three-year tenor and a face value of 100 yuan per unit. The coupon rate was set at 1.61% per annum.
After deducting issuance expenses, the net proceeds of 1 billion yuan will be allocated toward productive expenditures, including the repayment of interest-bearing debt, replenishment of working capital, project investment and operations, as well as other uses that comply with applicable laws and regulations.
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