Longyuan Power Group Issues 1.2 Billion Yuan Bonds

MT Newswires Live

2025/03/27

China Longyuan Power Group (SHE:001289, HKG:0916) issued 1.2 billion yuan in two-year bonds due March 26, 2027.

The bonds were issued with a 1.9% coupon rate, according to a Thursday filing with the Shenzhen bourse.

Proceeds will be used to supplement working capital and repay debt.

Shares of the power producer closed 1% lower Thursday.

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