Huadian International Power Development Co., Ltd. (00902.HK) issued 1.5 billion yuan corporate bonds.
Zhixin Finance APP News, China Huadian Corporation Power International Limited (00902.HK) announced that the company recently completed the issuance of the "2026 Technology Innovation Renewable Corporate Bonds (Series Three)" aimed at professional investors. The total issuance of this bond is not more than RMB 1.5 billion, and it is divided into two varieties: Variety One has a base term of 3 years, with a repricing cycle of 3 interest payment years; Variety Two has a base term of 5 years, with a repricing cycle of 5 interest payment years. At the end of each agreed base term and the end of each repricing cycle, the company has the right to exercise the repricing option, extending the base term for 1 cycle as agreed, or choosing to fully redeem the bond at the end of that cycle. Variety One of this bond was actually issued at RMB 1.5 billion, with an issuance interest rate of 1.77%. Variety Two of this bond was canceled.
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