HUANENG POWER (00902) Plans to Issue Technology Innovation Perpetual Corporate Bonds Worth Up to 2 Billion RMB

Stock News
Oct 14

HUANENG POWER (00902) announced that it plans to issue HUANENG POWER International Power Development Corporation's 2025 Technology Innovation Perpetual Corporate Bonds (Fifth Issue) publicly to professional investors from October 16, 2025 (T day) to October 17, 2025 (T+1 day). The net proceeds are intended for productive expenditures, including repayment of interest-bearing debt, supplementing working capital, project investment and operations, and other purposes that comply with legal and regulatory requirements.

The bond issuance scale is capped at 2 billion RMB (including 2 billion RMB). Each bond has a face value of 100 RMB and will be issued at a price of 100 RMB per bond.

The bonds are divided into two varieties: Variety One with a base term of 3 years and Variety Two with a base term of 5 years. The coupon rate inquiry range for Variety One is 1.50%-2.50%, while the coupon rate inquiry range for Variety Two is 1.70%-2.70%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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