China Longyuan Power Group (HK:0916) has released an update.
China Longyuan Power Group Corporation Limited has successfully completed the issuance of ultra short-term debentures, raising RMB1.0 billion with a 183-day term and a 1.73% coupon rate. The funds are primarily aimed at repaying interest-bearing debt and supplementing working capital for the company and its subsidiaries. The issuance, led by China Everbright Bank Company Limited, does not invite public offers for purchase or subscription of these or any other securities of the company.
For further insights into HK:0916 stock, check out TipRanks’ Stock Analysis page.
