China General Nuclear Power (01816.HK) completed the issuance of two ultra-short-term financing notes totaling 2 billion yuan

Guangdong Nuclear Power (01816.HK) announced on March 18 that the company completed the issuance of the third and fourth tranches of ultra-short-term commercial paper for 2026 on March 17, 2026.

The third tranche of ultra-short-term commercial paper had a total issuance amount of RMB 1 billion, with a term of 268 days, a face value of RMB 100, an issuance rate of 1.50%, an interest start date of March 18, 2026, and a repayment date of December 11, 2026. It was underwritten and organized by China Merchants Bank Co., Ltd. as the bookrunner and syndicate, and was publicly issued on the interbank bond market in China through bookbuilding and centralized allocation.

The fourth tranche of ultra-short-term commercial paper also had a total issuance amount of RMB 1 billion, with a term of 268 days, a face value of RMB 100, an issuance rate of 1.50%, an interest start date of March 18, 2026, and a repayment date of December 11, 2026. It was underwritten and organized by China CITIC Bank Corporation Limited as the bookrunner and syndicate, and was publicly issued on the interbank bond market in China through bookbuilding and centralized allocation.

The funds raised from this ultra-short-term commercial paper will be used entirely for subsidiaries to repay loans.