China Power (02380.HK) has completed the issuance of 2 billion yuan of short-term financing bonds.
Zhixin Financial News App, China Electric (02380.HK) issued an announcement on August 27, 2028, according to the existing registration of Debt Financing Instruments (DFIs) with the China Interbank Market Traders Association, the company issued the first tranche of short-term financing bonds (Short Bonds - 2025 Series) in China. The total amount is 2 billion yuan, with a nominal interest rate of 1.69% per year, and the funds raised will be used to repay maturing debts.
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