HUANENG POWER (00902) completed the issuance of 4 billion yuan of commercial paper.

HUANENG POWER (00902) announced that the company has recently completed the issuance of the 11th tranche of super short-term financing bonds for the year 2024 ("this tranche of bonds"). The issuance amount of this tranche of bonds is 4 billion yuan, with a maturity of 109 days, a face value of 100 yuan, and an issuance interest rate of 1.94%. China Minsheng Banking Corp., Ltd. and China Export-Import Bank acted as the lead underwriters to organize the underwriting group, and the bonds were publicly issued in the national inter-bank bond market through book-building and centralized delivery. The funds raised from the issuance of this tranche of bonds will be used to supplement the company's operating funds, adjust the debt structure, repay bank loans, and repay bonds that are about to mature.