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Provider: Thomson Reuters Stock Report
Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor

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Huaneng Power International Inc Issues FY 2013 Second Short-term Financing Notes

Monday, 8 Apr 2013 08:00pm EDT 

Huaneng Power International Inc announced that it has issued the second tranche of short-term financing notes for fiscal year 2013, worth RMB 5 billion. The notes are each with par value of RMB 100, a term of 270 days and an interest rate of 3.90%. Bank of China and Industrial and Commercial Bank of China served as the main underwriters. The funds will be used for repayment of loans, optimization of debt refinancing structure and business operation. 

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