China Longyuan Power Raises 2.5 Billion Yuan from Green Bond Issue

MT Newswires Live

2024/11/29

China Longyuan Power (HKG:0916, SHE:001289) completed the issue of 2.5 billion yuan of green mid-term bonds on Wednesday, a Thursday bourse filing said.

The bonds carry a 2% coupon rate and will fall due in three years.

The Chinese power company will use proceeds from the issue mainly to repay certain other bonds falling due soon.

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