China Power International Issues RMB2 Billion Medium-Term Note

China Power International Development ( (HK:2380) ) just unveiled an update.

China Power International Development Limited has announced the issuance of a RMB2 billion medium-term note in the PRC, marking the second tranche of such notes this year. This issuance, rated AAA with a stable outlook by Golden Credit Rating International Co., Ltd., is aimed at repaying maturing debts, and was publicly offered in the interbank bond market with several major banks acting as joint lead underwriters.

The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.

More about China Power International Development

China Power International Development Limited is a company incorporated in Hong Kong, operating in the energy sector. It focuses on the development and management of power plants and related infrastructure, primarily within the People’s Republic of China.

Average Trading Volume: 28,591,242

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$38.72B

Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.