China Longyuan Power Group (SHE:001289, HKG:0916) completed the issuance of two tranches of mid-term bonds amounting to 3 billion yuan, according to a Monday filing on the Hong Kong Stock Exchange.
The type 1 mid-term bonds amounted to 2 billion yuan and have a three-year term and a 2.12% coupon rate. The type 2 mid-term bonds have a term of ten years and a 2.37% coupon rate.
Shanghai Pudong Development Bank (SHA:600000) was the lead underwriter for the bond offering.
The proceeds raised from the mid-term bonds will be used to replenish the Chinese power company's working capital and pay its debts.
China Longyuan Power's shares jumped less than 3% on the Hong Kong bourse and rose less than 2% on the Shenzhen bourse.
Price (HKD): $14.20, Change: $+0.25, Percent Change: +1.79%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。