HUANENG POWER (00902) plans to issue corporate bonds not exceeding 2.5 billion yuan.

Huaneng Power (00902) announced that the company will publicly issue technology innovation corporate bonds (first tranche) to professional investors in 2025. The total issuance size of this tranche will not exceed 2.5 billion yuan (including 2.5 billion yuan). Each bond has a face value of 100 yuan and will be sold at a price of 100 yuan per bond. This tranche of bonds is divided into two categories, with a maturity of 5 years for Category One and 10 years for Category Two. The face interest rate for Category One bonds is in the range of 1.45% - 2.45%, while the face interest rate for Category Two bonds is in the range of 1.75% - 2.75%.