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Huaneng Power Completes RMB2 Billion Mid-Term Note Issuance

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Huaneng Power Completes RMB2 Billion Mid-Term Note Issuance

Huaneng Power International ( (HK:0902) ) has issued an announcement.

Huaneng Power International, Inc. has successfully issued its second tranche of mid-term notes for 2025, raising RMB2 billion with a 3-year maturity and an interest rate of 1.80%. The proceeds from this issuance will be used to enhance the company’s working capital, optimize debt structure, and repay existing bank loans, thereby strengthening its financial position in the market.

More about Huaneng Power International

Huaneng Power International, Inc. operates in the energy sector, focusing primarily on the generation and sale of electricity. The company is a significant player in the power generation industry, with operations that include a range of domestic and international energy projects.

YTD Price Performance: 0.57%

Average Trading Volume: 10,114

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.5B

See more data about 0902 stock on TipRanks’ Stock Analysis page.

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