Short-term bond sale - ResearchInChina

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Short-term bond sale - ResearchInChina

Date:2007-08-07liaoyan Text Size:

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HUANENG Power International Inc, China's largest power producer, plans to sell five billion yuan (US$661 million) of short-term bonds to institutional investors to improve its debt structure and cut financing costs. The power firm will sell the 364-day yuan-denominated bonds on the nation's interbank market on Thursday.

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