Summary by Moomoo AI
HUA FENG INTERNATIONAL POWER CO., LTD. ANNOUNCED THAT ITS WHOLLY OWNED SUBSIDIARY HUA FENG INTERNATIONAL POWER JIANGSU ENERGY DEVELOPMENT CO., LTD. HAS RECENTLY COMPLETED THE ISSUANCE OF THE SECOND PHASE OF ULTRA-SHORT TERM FINANCING SECURITIES (SCIENTOLOGY NOTES) FOR 2024. The amount of the issue is RMB 4 billion, with a period of 52 days, with a unit face value of RMB 100, with an issue rate of 2.06%. The securities are issued publicly on the national interbank bond market by Bank of China Limited as the lead underwriter and through centralized bookkeeping and centralized distribution. The funds raised will be used to repay the interest-bearing debt and supplemental liquidity of Huaneng International Power Jiangsu Energy Development Co., Ltd. The relevant release documents have been announced on the China Monetary Network and the Shanghai Liquidator's website.