Huaneng Power International (SHA:600011, HKG:0902) completed the issue of 1.5 billion yuan of three-year bonds.
The bonds have a face value of 100 yuan and an interest rate of 2.09%, according to a Friday filing with the Shanghai bourse.
Proceeds will be used to supplement capital, adjust the debt structure, and repay bank loans and bonds.
Bank of China, Industrial and Commercial Bank of China, China Development Bank, Industrial Bank, Bank of Hangzhou and Great Wall Securities served as lead underwriters.
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