China Longyuan Power Group Issues 2.5 Billion Yuan of 5-Year Mid-Term Bonds

MT Newswires Live
01-21

China Longyuan Power Group (HKG:0916, SHE:001289) completed the issue of 2.5 billion yuan of 5-year mid-term bonds with a coupon rate of 1.93% on Friday, a Monday Hong Kong bourse filing said.

The power company will use proceeds from the issue to repay interest-bearing debts and replenish the working capital of the group.

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