China Longyuan Power Issues RMB3.7 Billion Ultra Short-term Debentures
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China Longyuan Power Group Corporation Ltd. has completed the issuance of RMB 3.7 billion in ultra short-term debentures, approved at the 2024 annual general meeting. The debentures have a term of 149 days, a nominal value of RMB 100, and a coupon rate of 1.54%, with interest accruing from January 14, 2026. Proceeds will be used for working capital and debt repayment. China Minsheng Bank acted as the lead underwriter, with China Bohai Bank as the joint lead underwriter.
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