China Longyuan Power Issues RMB2 Billion Ultra Short-Term Debentures

Reuters
2025.11.27 10:57
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China Longyuan Power Group Corporation Ltd. has issued RMB2 billion in ultra short-term debentures with a 57-day term and a 1.61% coupon rate. The proceeds will be used to replenish working capital and repay debt. The issuance was underwritten by Shanghai Pudong Development Bank and China Minsheng Banking Corp. Interest accrues from November 27, 2025, following approval at the 2024 AGM.