By Wendy Van Sickle
Columbus, Ohio, July 16 – China Longyuan Power Group Corp. Ltd. said it issued RMB 1 billion of three-year notes with a coupon of 3.2% on Friday.
SPD Bank was the lead underwriter for the public offering.
Proceeds will be mainly used to repay interest-bearing liabilities.
China Longyuan is a Beijing-based wind power producer.
| Issuer: | China Longyuan Power Group Corp. Ltd.
|
| Issue: | Midterm notes
|
| Amount: | RMB 1 billion
|
| Maturity: | Three years
|
| Underwriter: | SPD Bank
|
| Coupon: | 3.2%
|
| Settlement date: | July 16
|
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