China Longyuan Power Group (SHE:001289, HKG:0916) issued 1.2 billion yuan in two-year bonds due March 26, 2027.
The bonds were issued with a 1.9% coupon rate, according to a Thursday filing with the Shenzhen bourse.
Proceeds will be used to supplement working capital and repay debt.
Shares of the power producer closed 1% lower Thursday.
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