Beijing Jingneng Clean Energy plans up to RMB 1.8 billion debentures

By Marisa Wong

Madison, Wis., Aug. 24 - Beijing Jingneng Clean Energy Co., Ltd. said it plans to issue up to RMB 1.8 billion of short-term debentures.

Proceeds will be used to repay short-term bank loans and to supplement working capital.

The proposed debentures are subject to shareholders' approval at an upcoming general meeting.

The clean energy company is based in Beijing.

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