China Longyuan Power Issues RMB2 Billion Ultra Short-Term Debentures
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.
China Longyuan Power Group Corporation Ltd. has announced the completion of its issuance of ultra short-term debentures. The company issued RMB2.0 billion in ultra short-term debentures with a term of 57 days and a coupon rate of 1.61%. The proceeds from this public offering, underwritten by Shanghai Pudong Development Bank Co., Ltd. and China Minsheng Banking Corp., Ltd., will be used to replenish daily working capital and repay interest-bearing debt of the company and its subsidiaries. The interest will accrue from 27 November 2025. This update follows the approval of the debt financing instruments at the company’s 2024 annual general meeting. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Longyuan Power Group Corporation Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11930884), on November 27, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
