State Grid plans to issue 5-year and 10-year RMB bonds with initial guidance prices ranging from 2.50% to 2.80%.

State Grid Corporation of China (referred to as "State Grid" with credit ratings of A+ stable by Standard & Poor's, A stable by Fitch, and A1 negative by Moody's) plans to issue 5-year and 10-year, Reg S, RMB-denominated senior unsecured bonds.