Huaneng Power issues financing bonds, plans REITs for asset growth

Huaneng Power International (SSE:600011) is actively pursuing a dual financial strategy, combining debt issuance with infrastructure asset securitization. The company recently completed the issuance of its third and fourth phases of ultra-short-term financing bonds in 2025, with the third phase issuing CNY 3 billion in bonds with a 1.47% interest rate and a 62-day term and the fourth phase issuing CNY 3 billion in bonds with a 1.50% interest rate and a 63-day term. Proceeds will bolster working capital, optimize debt structure, and repay existing loans.