China Longyuan Power Sells 2 Billion Yuan of Three-Year Bonds

MT Newswires Live
Yesterday

China Longyuan Power Group (SHE:001289, HKG:0916) completed the issue of 2 billion yuan of mid-term bonds on April 18, a Monday Hong Kong bourse filing said.

The bonds carry a coupon rate of 1.78% and will fall dua in three years.

The power company will use proceeds from the issue to replenish its working capital or repay debt.

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