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China Longyuan Completes RMB2.0 Billion Debenture Issuance
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China Longyuan Completes RMB2.0 Billion Debenture Issuance

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An announcement from China Longyuan Power Group ( (HK:0916) ) is now available.

China Longyuan Power Group Corporation Limited has completed the issuance of ultra short-term debentures amounting to RMB2.0 billion with a 177-day term and a 1.67% coupon rate. The proceeds will be utilized to repay the interest-bearing debt of the company and its subsidiaries, potentially improving its financial stability and operational efficiency.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a company operating in the power industry, primarily focusing on renewable energy generation. It is a significant player in the market for wind power and other clean energy solutions.

YTD Price Performance: -9.75%

Average Trading Volume: 1,540

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $12.7B

Find detailed analytics on 0916 stock on TipRanks’ Stock Analysis page.

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