CGN Power (HKG:1816, SHE:003816) completed the issue of the first tranche of medium-term 1.97% bonds worth 2.4 billion yuan due March 3, 2028 in China's interbank debenture market, a Tuesday bourse filing said.
The energy company will use proceeds from the issue to repay maturing super short-term financing debentures, as well as borrowings of certain units.
Industrial and Commercial Bank of China was the bookrunner for the issue.
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