On June 17th, Geelong released an announcement that China Longyuan Power (00916.HK) had completed the issuance of commercial paper on June 14, 2024. The total amount of this commercial paper issuance is RMB 1.5 billion, with a term of 85 days, a unit face value of RMB 100 yuan, and a coupon rate of 1.75%. Interest will be calculated starting from June 17th, 2024. The funds raised from this commercial paper issuance will mainly be used to supplement the daily working capital and repay the interest-bearing debts of the issuer and its subsidiaries.
龙源电力(00916.HK)完成发行15亿元超短期融资券
China Longyuan Power (00916.HK) completed the issuance of 1.5 billion yuan of super short-term commercial paper.
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