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Guangdong Hydropower Group Co Ltd will issue CNY 500 million in medium term notes with a maturity of five years in the interbank market on September 25.The company said in a statement that the notes will be issued at face value and the coupon rate determined in the process of book building. Both value and payment due date is set on September 26 and the to be issued notes tradable September 27.The issuer said CNY 200 million of the proceeds from the issue will be used to replenish the working capital while the remaining CNY 300 million to repay bank loans.Shanghai Brilliance Credit Rating & Investors Service Co Ltd has rated the issuer and notes AA- and AA- respectively. China Everbright Bank Co Ltd has been hired as lead underwriter and bookrunner