CGN Power Co., Ltd. has completed its issue of the first tranche of medium-term notes for the year 2022 (the ‘First Tranche Medium-Term Notes') on February 23, 2022. The total issuing amount of the First Tranche Medium-Term Notes is RMB2.5 billion, with a maturity period of 3 years. The par value is RMB 100 and the issue interest rate is 2.93%.

The interest will start to accrue on February 23, 2022 and the maturity date is February 23, 2025. Bank of China Limited acted as the bookrunner and arranged underwriting syndicate for the First Tranche Medium-Term Notes. The First Tranche Medium-Term Notes were publicly issued in the PRC interbank debenture market through book building and centralized placing.