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Huaneng Power International Issues Third Tranche of Mid-Term Notes

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Huaneng Power International Issues Third Tranche of Mid-Term Notes

The latest announcement is out from Huaneng Power International ( (HK:0902) ).

Huaneng Power International, Inc. has successfully issued its third tranche of mid-term notes for 2025, amounting to RMB2 billion with a 5-year maturity and a 2.12% interest rate. The proceeds will be used to enhance working capital, restructure debts, and repay loans, reflecting the company’s strategic financial management and positioning in the domestic bond market.

More about Huaneng Power International

Huaneng Power International, Inc. operates in the energy sector, focusing on the generation and sale of electricity. It is a major player in the power industry, providing energy solutions primarily within China and expanding its reach with overseas financial instruments.

YTD Price Performance: 9.43%

Average Trading Volume: 15,252

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $12.91B

Learn more about 0902 stock on TipRanks’ Stock Analysis page.

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