13th Sep 2006 07:00
Datang Intl Power Generation Co Ld13 September 2006 Datang International Power Generation Co., Ltd. (a sino-foreign joint stock limited company incorporated in the People's Republic of China) (Stock Code: 991) Issue of Short-term Debenture This announcement is made pursuant to Rule 13.09(1)(a) of the Rules Governing the Listing of Securities on The StockExchange of Hong Kong Limited (the "Listing Rules"). Pursuant to the requirements as set out in Rules 14 and 14A of the Listing Rules, the issue of the short-term debenturedoes not constitute any transactions within its meaning prescribed therein. At the 2005 annual general meeting of Datang International Power Generation Co., Ltd. (the "Company") (the "AGM")held on 20 June 2006, the Company was authorised to issue short-term debenture with an aggregate principal amount ofnot more than RMB4 billion. The authorisation will be effective within a 12-month period from the date of the AGMapproving the issuance. The Company has already obtained an approval from the People's Bank of China on 4 September2006 for the issue of the short-term debenture. The Company intends to issue the first batch of the short-term debenture (the "Debenture") with a principal amountof RMB1 billion on 15 September 2006. China Minsheng Banking Corporation Limited will act as the lead underwriter forthe issue of the Debenture. The issue of the Debenture will be issued publicly in the inter-bank market by the leadunderwriter through a centralised placing process. The interest rate will be determined through tendering in themarket. The issue period will be 270 days. The nominal value of the Debenture will be RMB100, while the minimumsubscription amount will be RMB10 million. Such Debenture will be listed and traded in the inter-bank bond market ofthe People's Republic of China (the "PRC") on 19 September 2006, with the redemption date falling on 15 June2007. The proceeds of the issue of the Debenture will be used for replenishing the short-term cash flow required by theCompany and the Company's working capital. The targets for the issue of the Debenture will be institutionalinvestors in the inter-bank bond market of the PRC (excluding those who are forbidden by the State's Laws orregulations to subscribe). By Order of the Board Yang HongmingCompany Secretary Beijing, the PRC, 12 September 2006 As at the date of this announcement, the directors of the Company are: Zhai Ruoyu, Zhang Yi, Hu Shengmu, Fang Qinghai, Yang Hongming, Liu Haixia,Guan Tiangang, Su Tiegang, Ye Yonghui, Tong Yunshang, Xie Songlin*, Xu Daping*,Liu Chaoan*, Yu Changchun* and Xia Qing* * independent non-executive directors This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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