Huadian New Energy (SHA:600930) completed the issuance of its first tranche of medium-term bonds for the year, which amounts to 1.50 billion yuan, according to a Shanghai bourse filing Tuesday.
The bonds carry an interest rate of 1.69% and a term of five years, maturing Sept. 11, 2031.
Industrial Bank (SHA:601166) acted as the lead underwriter and bookrunner of the issuance.