China Longyuan Power Issues RMB2.6 Billion Ultra Short-Term Debentures
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China Longyuan Power Group Corporation Ltd. has issued RMB2.6 billion in ultra short-term debentures with a 29-day term and a 1.65% coupon rate. The proceeds will be used for working capital and debt repayment. China Minsheng Bank Corp. Ltd. was the lead underwriter. The issuance was approved at the 2024 annual general meeting.
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