longyuan power issues phase ii private placement bond of 2014
2014-05-26
on may 23, longyuan power issued the phase ii annual private placement bond of 2014 in inter-bank trading market within the territory of china.
based on the corporation’s good fundamentals, high credit rating and the favorable release window, subscription for this private placement bond went well, priced low at 5.3%, fully indicating longyuan power’s advantage in price negotiation in capital market and showing the company’s favorable operating status. the issuance of bond was co-undertaken by icbc and abc, with 6 organizations making target investment.