Huaneng Power Raises RMB5 Billion in Debentures

Huaneng Power International (HK:0902) has released an update.

Huaneng Power International, Inc. has successfully issued its eighth tranche of super short-term debentures for 2024, raising RMB5 billion with a maturity of 85 days and an interest rate of 1.83%. The funds will enhance the company’s working capital, optimize debt structures, and repay loans. These debentures are part of a RMB30 billion program approved until the 2024 annual general meeting.

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