China Southern Power Grid Energy Storage's Parent Issues 1 Billion Yuan Bonds to Support Company

MT Newswires Live

2025/02/27

China Southern Power Grid Energy Storage's (SHA:600995) controlling shareholder, China Southern Power Grid, issued medium-term bonds of 1 billion yuan to support the company, according to a Thursday disclosure with the Shanghai Stock Exchange.

The bonds have a coupon rate of 1.92% and a term of 1,820 days, the power company said.

The company's shares fell less than 2% in recent trade.

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