Huaneng Power issues CNY 1.5bn in medium-term notes

Huaneng Power International (SSE:600011) announced the successful issuance of its seventh tranche of medium-term notes for 2025. The total issuance amounts to CNY 1.5 billion, with a maturity of 3+N years and a coupon rate of 2.06%. The notes, with a face value of CNY 100 each, were publicly offered and distributed through the interbank bond market via book-building and centralized allocation. Proceeds from the issuance are earmarked for supplementing working capital, adjusting the company's debt structure, repaying bank loans, and refinancing maturing bonds. China Construction Investment Securities Co., Ltd., China Merchants Bank Co., Ltd., CITIC Securities Co., Ltd., Great Wall Securities Co., Ltd., and Bohai Bank Co., Ltd. served as the lead underwriters. Relevant documents are available on the ChinaMoney.com.cn and SHClearing.com.cn websites.