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China Power issues RMB2bn medium-term note

June 13, 2025 at 05:01 PM UTCBy FilingReader AI

China Power International Development Limited (HKEX:2380) announced the issuance of a RMB2 billion medium-term note ("MTN-2025-1st-tranche") in the PRC. The note has a maturity period of 3 years and a coupon rate of 1.86% per annum. The corporate credit rating of the Company is AAA with a stable rating outlook, as rated by Golden Credit Rating International Co., Ltd. Guotai Haitong Securities Co., Ltd., Industrial and Commercial Bank of China Limited, China Construction Bank Corporation, Bank of Beijing Co., Ltd. and Bank of China Limited acted as joint lead underwriters. The proceeds from the issuance will be used to repay maturing debts. This issuance was made under the current registration with the National Association of Financial Market Institutional Investors. Relevant documents, including the credit rating report and financial statements for the past three years, are available on the company's websites.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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