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Huaneng Power Issues RMB2.5 Billion in Super Short-Term Debentures

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Huaneng Power Issues RMB2.5 Billion in Super Short-Term Debentures

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

Huaneng Power International, Inc. has successfully issued the first tranche of its super short-term debentures for 2025, amounting to RMB2.5 billion with a 95-day maturity and an interest rate of 1.97%. The proceeds from this issuance will be used to supplement working capital, adjust the debt structure, and repay bank loans, reflecting the company’s strategic financial management and positioning within 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. The company primarily serves the domestic market in China, providing power to a wide range of consumers.

YTD Price Performance: -4.73%

Average Trading Volume: 14,302

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.59B

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

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