China Longyuan Power (00916.HK): Completes Issuance of Three Tranches of Super Short-term Commercial Paper with Total Value of RMB 2.6 Billion

NewTimeSpace News: On 16 July 2026, China Longyuan Power (00916.HK) issued an announcement that the Company has recently completed the issuance of three tranches of super short-term commercial paper.

The 11th tranche has an issuance size of RMB 1 billion, a tenor of 28 days and a coupon rate of 1.49%, with Minsheng Bank as the lead underwriter.

The 12th tranche has an issuance size of RMB 800 million, a tenor of 225 days and a coupon rate of 1.37%, with Minsheng Bank as the lead underwriter and Bohai Bank as the joint lead underwriter.

The 13th tranche has an issuance size of RMB 800 million, a tenor of 225 days and a coupon rate of 1.37%, with Ping An Bank as the lead underwriter and China Everbright Bank as the joint lead underwriter.

The aggregate issuance amount of the three tranches stands at RMB 2.6 billion. All raised funds will be used to supplement daily working capital and repay interest-bearing debts of the Company and its subsidiaries.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.