Huaneng Power International Raises 1.5 Billion Yuan Via Bond Issue
Huaneng Power International (SHA:600011, HKG:0902) raised 1.5 billion yuan via the issue of three-year base-term bonds carrying a coupon rate of 1.77%.The issuance of a tranche of five-year base term bonds was cancelled, according to a weekend filing with the Shanghai bourse.Shares of the power company were down 1% in recent trade.