HUANENG POWER (00902.HK): Completes RMB 2.5 billion ultra-short-term financing bond issuance at 1.33%

NewTimeSpace News: On 10 September 2026, Huaneng Power International, Inc. (stock code: 00902) announced that it has recently completed the issuance of its 2026 eleventh tranche of ultra-short-term financing bonds, with an issuance amount of RMB 2.5 billion, a term of 65 days, a unit face value of RMB 100 and an issuance rate of 1.33%.

According to the announcement, the company's 2025 annual general meeting held on 16 June 2026 approved the rollover issuance, in one or more tranches, of onshore and offshore debt financing instruments with an outstanding principal not exceeding the equivalent of RMB 170 billion at any time, from the date of approval by the 2025 annual general meeting until the conclusion of the 2026 annual general meeting.

The bonds were publicly issued in the national interbank bond market through bookbuilding and centralised allocation, with Bank of Bohai Co., Ltd. and China Minsheng Bank Co., Ltd. acting as lead underwriters to organise the underwriting syndicate. The proceeds will be used to replenish the company's working capital, adjust its debt structure, and repay bank borrowings and maturing bonds. The issuance does not constitute a transaction under Chapters 14 and 14A of the Listing Rules. [View announcement] (link to be added by publisher).

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