tiprankstipranks
Trending News
More News >

China Longyuan Power Completes RMB2.0 Billion Mid-Term Notes Issuance

Story Highlights

China Longyuan Power Group ( (HK:0916) ) has shared an announcement.

China Longyuan Power Group Corporation Limited has successfully completed the issuance of RMB2.0 billion in mid-term notes, with a term of three years and a coupon rate of 1.78%. The proceeds from this issuance will be used to replenish working capital or repay interest-bearing debts, potentially strengthening the company’s financial position and operational capabilities.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a company involved in the energy sector, focusing on the development and operation of wind power and other renewable energy projects.

YTD Price Performance: -2.85%

Average Trading Volume: 970

Technical Sentiment Signal: Buy

Current Market Cap: $13.93B

Find detailed analytics on 0916 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App