Huaneng Power International Issues Eighth Tranche of Mid-Term Notes

Huaneng Power International ( (HK:0902) ) has provided an update.

Huaneng Power International, Inc. has successfully issued its eighth tranche of mid-term notes for 2025, amounting to RMB2 billion with a 3+N years maturity period and an interest rate of 2.05%. The proceeds from this issuance will be utilized to enhance the company’s working capital, restructure debts, and repay existing bank loans, thereby strengthening its financial position and operational capabilities.

More about Huaneng Power International

Huaneng Power International, Inc. operates in the energy sector, primarily focusing on the generation and sale of electricity. The company is a major player in the Chinese market, providing power to both domestic and international markets.

YTD Price Performance: 13.40%

Average Trading Volume: 35,256

Technical Sentiment Signal: Strong Sell

Current Market Cap: $13.37B

See more data about 0902 stock on TipRanks’ Stock Analysis page.