Datang International Power Generation (SHA:601991, HKG:0991) issued super short-term commercial paper worth 2 billion yuan, according to a Shanghai bourse filing on Wednesday.
The bonds have a coupon rate of 1.39% and a term of 92 days.
China Everbright Bank (HKG:6818, SHA:601818) served as the lead underwriter and bookrunner of the issuance.
The power company's Shanghai shares rose 2% during the morning trade.