Huaneng Power Raises RMB2 Billion via 2026 Energy Supply Assurance Debentures

Huaneng Power International has raised RMB2 billion through the issuance of its second tranche of 2026 mid-term notes, designated as a Special Debenture for Energy Supply Assurance. The notes, with a 1.87% interest rate, will refinance existing energy supply assurance debt. This issuance is part of a broader RMB170 billion debt issuance mandate approved at the company's 2024 annual general meeting. The current analyst rating for Huaneng Power stock is a Hold with a price target of HK$5.50.

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Huaneng Power International ( (HK:0902) ) just unveiled an update.

Huaneng Power International has completed the issuance of its second tranche of 2026 mid-term notes designated as a Special Debenture for Energy Supply Assurance, raising RMB2 billion in the domestic interbank bond market. The notes, carrying a 1.87% interest rate and a 2+N-year maturity structure, were underwritten by a syndicate led by CITIC Securities, CSC Financial and China Merchants Bank, and the proceeds will be fully used to refinance previously issued special debentures, effectively rolling over existing energy supply assurance debt within the company’s broader RMB170 billion debt issuance mandate approved at its 2024 annual general meeting.

The most recent analyst rating on (HK:0902) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.

More about Huaneng Power International

Huaneng Power International, Inc. is a major Chinese power generation company, operating primarily within the People’s Republic of China and issuing both domestic and overseas debt financing instruments to support its energy-related operations. The company is listed in Hong Kong and utilizes the domestic bond market among banks as a key financing channel for its power and energy supply assurance activities.

Average Trading Volume: 28,616,773

Technical Sentiment Signal: Buy

Current Market Cap: HK$111.5B