China Longyuan Power Group (HK:0916) has released an update.
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China Longyuan Power Group has successfully completed the issuance of ultra short-term debentures worth RMB1.8 billion, with a 178-day term and a 1.98% coupon rate. The funds raised will be primarily used to repay interest-bearing debt and replenish working capital. This strategic financial move aims to enhance the company’s liquidity and operational flexibility.
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