CGN Power (01816) has announced the successful completion of its fifth and sixth tranche medium-term notes for the 2026 fiscal year, which were issued on August 24, 2026. The fifth tranche carries a total issuance size of RMB 1 billion, featuring a maturity period of five years and a face value of RMB 100 per note. The coupon rate is set at 1.70%, with the interest accrual commencing on August 25, 2026, and the principal redemption scheduled for August 25, 2031.

Managed by Bank of China Limited as the bookrunner, which also organized the underwriting syndicate, the fifth tranche was offered to investors through a book-building process with centralized allocation within China's interbank bond market. Meanwhile, the sixth tranche mirrors the same parameters, with an issuance size of RMB 1 billion, a five-year tenure, a face value of RMB 100, and an identical coupon rate of 1.70%.

The sixth tranche was overseen by China Merchants Bank Co., Ltd. as the bookrunner, which coordinated the underwriting syndicate, and was likewise distributed via book-building and centralized allotment mechanisms in the domestic interbank bond market. Both issuances commenced interest accrual on the same date, August 25, 2026, and will mature on August 25, 2031.