Huadian Power International Corporation (01071) announced that the company completed the issuance of Mid-Term Notes (the "Bonds") for the third period of 2024 on July 11, 2024. The total amount of the Bonds issued in this period was CNY 2.5 billion, with a term of three years, a unit face value of CNY 100, and an issuance interest rate of 2.17%.
Huadian Power International Corporation (01071) announced that the issuance of the Mid-Term Notes by Huadian Power International Corporation Limited for the third period of 2024 (the "Bonds") has been completed on July 11, 2024. The total amount of the Bonds issued in this period was CNY 2.5 billion, with a term of three years, a unit face value of CNY 100, and an issuance interest rate of 2.17%.
Bank of China and China Development Bank acted as joint lead underwriters for the Bonds, which were publicly issued on the national interbank bond market through bookbuilding and centralized allocation. The raised funds from the Bonds will be used to repay the company's due debts and supplement its working capital.