China Longyuan Power Sells 2 Billion Yuan of Three-Year Bonds

MT Newswires Live

2024/12/19

China Longyuan Power (HKG:0916, SHE:001289) completed the issue of 2 billion yuan of mid-term bonds on Wednesday, a Thursday bourse filing said.

The bonds have a term of three years and carry a 1.85% coupon rate.

The power company will use proceeds from the issue to replenish daily working capital and repay interest-bearing debt.

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