By Wendy Van Sickle
Columbus, Ohio, April 15 – CGN Power Co., Ltd. issued RMB 2 billion of 3.49% three-year notes due April 14, 2024 in a first tranche of mid-term notes for 2021, according to an announcement.
Bookbuilding was conducted by bookrunner and arranger Agricultural Bank of China Ltd.
Proceeds will be used to repay borrowings of the subsidiaries of the company.
The nuclear power producer is based in Shenzhen, China.
Issuer: | CGN Power Co., Ltd.
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Issue: | Mid-term notes, first tranche
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Amount: | RMB 2 billion
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Maturity: | April 14, 2024
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Bookrunner: | Agricultural Bank of China Ltd.
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Coupon: | 3.49%
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Issue date: | April 13
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Announcement date: | April 15
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