China Longyuan Power Group Corporation (00916) has completed the issuance of 2 billion yuan worth of ultra-short-term financing notes.

China Longyuan Power Group Corporation (00916) announced that the company has completed the issuance of commercial paper on January 14, 2025. The total amount of the commercial paper issuance is 2 billion yuan, with a maturity of 177 days, a face value of 100 yuan, and a coupon rate of 1.67%. Interest will be calculated from January 15, 2025. The funds raised from this commercial paper issuance will be used to repay interest-bearing debts of the issuer and its subsidiaries.