China Longyuan placates minority investors with hybrid bond

The deal clears some of the overhang from a looming share placement, helping the windpower company's stock price to rise in response.
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China Longyuan celebrating its IPO in Hong Kong in 2009
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<div style="text-align: left;"> China Longyuan celebrating its IPO in Hong Kong in 2009 </div>

China Longyuan Power closed a $400 million senior hybrid on Friday evening — the first hybrid from a mainland-incorporated company that is listed in Hong Kong.

¬ Haymarket Media Limited. All rights reserved.

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