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The latest announcement is out from Huaneng Power International ( (HK:0902) ).
Huaneng Power International, Inc. has completed the issuance of its first tranche of mid-term notes for 2025, valued at RMB2 billion with a 10-year maturity and an interest rate of 2.00%. This move is part of a broader mandate to issue up to RMB130 billion in debt instruments to support working capital, adjust debt structure, and repay existing loans, reflecting the company’s strategic focus on financial optimization and operational efficiency.
More about Huaneng Power International
Huaneng Power International, Inc. operates in the energy sector, focusing on providing electricity through various power plants. The company is engaged in the generation and sale of electric power to a variety of customers across domestic and international markets.
YTD Price Performance: -4.15%
Average Trading Volume: 12,447
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.01B
Learn more about 0902 stock on TipRanks’ Stock Analysis page.