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China Longyuan Completes RMB2 Billion Mid-term Notes Issuance

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China Longyuan Completes RMB2 Billion Mid-term Notes Issuance

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The latest announcement is out from China Longyuan Power Group ( (HK:0916) ).

China Longyuan Power Group Corporation Limited announced the completion of its issuance of mid-term notes totaling RMB2 billion, with terms of three and five years and coupon rates of 1.89% and 1.94%, respectively. The proceeds are intended for replenishing working capital or repaying interest-bearing debts, which could enhance the company’s financial stability and operational efficiency.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a leading company in the renewable energy industry, primarily focusing on the development and operation of wind power projects. It plays a significant role in the Chinese market, contributing to the country’s sustainable energy goals.

YTD Price Performance: -11.48%

Average Trading Volume: 1,126

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $14.09B

See more data about 0916 stock on TipRanks’ Stock Analysis page.

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