China Power Issues RMB 1.5B Green Note

China Power International Development (HK:2380) has released an update.

China Power International Development Ltd has successfully issued a second-tranche green medium-term note valued at RMB 1.5 billion with a 10-year maturity and an annual coupon rate of 2.58%. The note, which is unsecured and holds an AAA corporate credit rating with a stable outlook, aims to repay offshore bank borrowings. The issuance was managed by a syndicate of leading financial institutions, and details were made available on relevant financial websites.

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