China Power International Development (HK:2380) has released an update.
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China Power International Development has successfully issued a RMB1 billion green medium-term note, known as a carbon neutrality bond, in China. The five-year unsecured bond offers a 2.28% annual coupon rate and will help fund clean energy projects by refinancing existing debt. This move underscores the company’s commitment to sustainable energy solutions and offers an attractive investment opportunity in the growing green finance sector.
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