China Longyuan Power Sells 1 Billion Yuan of 179-Day Bonds

MT Newswires Live

2024/12/31

China Longyuan Power (HKG:0916, SHE:001289) completed the issue of 1 billion yuan of ultra short-term debentures on Dec. 27, a Monday bourse filing said.

The bonds have a coupon rate of 1.68% and will mature in 179 days.

The power company will use proceeds from the issue to replenish working capital or repay debt.

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