Huaneng Power International (HKG:0902, SHA:600011) raised 4 billion yuan from the recent issue of super short-term debentures, a Tuesday bourse filing said.

The bonds carry an interest rate of 1.94% and will mature in 109 days.

The electric power company will use proceeds from the issue to supplement working capital adjust debt structure, and repay bank loans and debt.

Hong Kong-listed shares of the company closed over 1% lower on Tuesday.