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China Longyuan Power Issues RMB2 Billion Debentures

China Longyuan Power Group (HK:0916) has released an update.

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China Longyuan Power Group has successfully issued RMB2.0 billion in ultra short-term debentures with a 1.75% coupon rate and a 150-day term. The funds raised will be used to enhance working capital or settle debt. This move reflects the company’s strategic financial management amid evolving market conditions.

For further insights into HK:0916 stock, check out TipRanks’ Stock Analysis page.

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