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Shanghai Electric Power

(ATF) – Shanghai Electric Power issued the third portion of a 2020 ultra-short-term financing bond on 25 February, state media reported. 

A total of 2.5 billion yuan (US$356 million) of ultra-short-term financing bonds have now been sold by the utility in the national interbank bond market through book placement and centralized placement.

The funds raised were mainly used to repay older debt.

Chris Gill

With over 30 years reporting on China, Gill offers a daily digest of what is happening in the PRC.


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