China Longyuan Power Group (HK:0916) has released an update.
China Longyuan Power Group has successfully issued ultra short-term debentures worth RMB 1.0 billion, with a 180-day maturity and a 1.73% coupon rate, intended to repay debt and fund working capital for the company and its subsidiaries. The issuance follows shareholder approval at the annual general meeting and is led by China Everbright Bank. This financial move does not equate to an offer to purchase securities from the company.
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