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Huadian Energy Co Ltd Announces Finance Leasing

Wednesday, 3 Jul 2013 08:00pm EDT 

Huadian Energy Co Ltd announced that it will sell its two generator units to China Merchants Bank Financial Leasing Co., Ltd and lease back, to finance up to RMB 1,000 million, with a term of five years. In addition, its subsidiary, a coal mining company, will sell its fixed assets to a financial leasing company and lease back, to finance up to 240 million with a term of five years. 

Company Quote

-0.07 -1.32%
1:08am EDT