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Huaneng Power International Completes 2 Billion Yuan Bond Issuance

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Huaneng Power International (SHA:600011, HKG:0902) completed the issuance of 2 billion yuan in medium-term bonds, according to a Friday filing with the Shanghai bourse.

The bonds have a term of at least 2 years with a rate of 1.7%, the filing said.

Proceeds will be used to repay special bonds for energy supply security.

CITIC Securities (HKG:6030, SHA:600030), CITIC Securities Investment, and Guotai Haitong Securities (HKG:2611, SHA:601211) served as lead underwriters and as the underwriting syndicate.

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