2 stories mentioning SHA:600726Updated 16d ago
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Huadian Energy (SHA:600726, SHA:900937) raised 600 million yuan via the issue of 270-day bonds for debt repayment.The bonds, with a coupon rate of 1.50%, mature in April 2027, according to a Tuesday filing with the Shanghai bourse.China Construction Bank and Bank of China served as lead underwriters.The energy company's A shares rose 2% Tuesday.
Huadian Energy (SHA:600726, SHA:900937) issued super short-term bonds amounting to 600 million yuan, the company's first tranche for the year, according to a Shanghai bourse filing on Wednesday.The bonds have a coupon rate of 1.53% and a term of 269 days.Bank of China (SHA:601988, HKG:3988) and China Merchants Bank (SHA:600036, HKG:3968) were the joint underwriters of the issuance.The proceeds will be used to pay the company's debt.The Chinese energy company's A shares slumped 6%, while B shares fell less than 2% during the midday trade.
