HUANENG POWER (00902) completed the issuance of 3 billion yuan of commercial paper.

HUANENG POWER (00902) announced that the company has recently completed the issuance of the eighth tranche of super short-term financing bonds of HUANENG POWER Limited for the year 2025. The issuance amount of this tranche is RMB 3 billion, with a term of 92 days, a face value of RMB 100 yuan, and an issuance interest rate of 1.46%. China Minsheng Banking Corp., Ltd. and Bank of Beijing Co., Ltd. acted as the lead underwriters for this tranche, organizing a syndicate through book building and centralized placement in the national interbank bond market. The funds raised from this tranche will be used to supplement the company's operating funds, adjust the debt structure, repay bank borrowings, and repay bonds that are due soon.