Summary by Futu AI
HUA FENG INTERNATIONAL POWER CO., LTD. WAS APPROVED AT THE ANNUAL GENERAL MEETING ON JUNE 20, 2023 TO ISSUE DEBT FINANCING INSTRUMENTS WORTH NOT MORE THAN RMB 1,300 BILLION INSIDE AND OUTSIDE CHINA. The company has successfully issued the first batch of 2024 Green Interim Notes, raising $25 billion to repay the 2021 Green Intermediate Notes and invest in wind power projects. The bond is issued at a rate of 2.20% for a period of three years and is issued publicly by five financial institutions comprising an underwriting group. The issuance was completed on April 16, 2024 and the relevant documents were announced on the China Monetary Network and the Shanghai Liquidator's website.