China Yangtze Power Nominated as a Qualified Issuer for Optimized Financing Regulation by the Shanghai Stock Exchange

from:China Three Gorges Corporationdate:2018-08-14

On July 26, China Yangtze Power (CYPC) issued its first 3-year corporate bond in 2018, which is worth RMB 2.5 billion at a 4.19% coupon rate, the lowest rate ever for the corporate bonds of the same maturity issued this year. On the same day, CYPC was nominated as a pilot company which issues corporate bonds of shelf registration. It was a recognition of CYPC’s and its bonds’ credibility from the investors and regulators.

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