China Power International Development Limited (01685.HK) announced its intention to issue 722 million RMB worth of bonds, with a total of 36 series planned for issuance.
As of October 3, 2025, the company will commence the bond issuance process, and it aims to utilize the proceeds for financing power generation projects. The bonds are expected to be priced approximately at 722 million RMB for the public offering, with an estimated value of 639 million RMB for non-public offerings.
China Power International Development Limited plans to secure 60% of the issuance rights through its existing shares and intends to allocate 40% to a third-party investor. Notably, the company anticipates that 90% of the issuance will be backed by assets from its subsidiaries, with 10% coming from investments in local projects.
The bonds will be managed by China Power International Development, which also serves as the principal operator, ensuring that the proceeds are effectively utilized for project development.
The company emphasizes that the bonds will provide a significant capital influx, which is essential for ongoing and future projects. The bond issuance is expected to enhance the company’s operational capacity and contribute to its long-term growth strategy.
For detailed information on the bond issuance and related financial activities, please check the China Power International Development financial app.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/sinopec-power-01685-hk-announces-722-million-yuan-investment-for-36-new-power-generation-units/
