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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1779)	12/7/2003 11:25:54 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China Huaneng Plans CNY4 Bln 10-Year Bond Sale This Week SHANGHAI (Dow Jones)--China Huaneng Group Monday confirmed plans to issue 10-year bonds to raise 4.0 billion yuan ($1=CNY8.28). The company, the parent of Huaneng Power International Inc. (HNP), which has share listings in Hong Kong and New York, plans to sell CNY3 billion in 4.6% bonds with a fixed coupon, plus CNY1 billion in floating rate bonds. The coupon on the floating rate bonds is 1.80 percentage points above China's one-year bank deposit rate, now 1.98%. Bank of China is guarantor of the bond offering, which is being managed Great Wall Securities Co. sg.biz.yahoo.com