China Power issues RMB2bn medium-term note

China Power International Development Limited (HKEX: 2380) announced the issuance of a RMB2 billion medium-term note ("MTN-2025-2nd-tranche") in the PRC on June 17, 2025. The note was issued under the company's current registration with the National Association of Financial Market Institutional Investors. This second tranche of medium-term notes has a 3-year maturity period and carries a coupon rate of 1.70% per annum. The notes are unsecured, with a corporate credit rating of AAA and a stable rating outlook from 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., Bank of China Limited and Bank of Nanjing Co., Ltd. acted as the joint lead underwriters for the offering, which was conducted via a book-building exercise in the interbank bond market. The company intends to use the proceeds from the issuance to repay maturing debts. Detailed information about the note and the company's financial statements is available on www.chinamoney.com.cn and www.shclearing.com.cn.