DATANG POWER (00991) Issues RMB 2.5 Billion Corporate Bonds

Stock News

09/01

DATANG POWER (00991) announced that the company completed the issuance of "Datang International Power Generation Co., Ltd. 2025 Technology Innovation Renewable Corporate Bonds (Fourth Tranche) Publicly Issued to Professional Investors" on September 1, 2025.

The bond issuance scale amounts to RMB 2.5 billion with a basic term of 5 years. The bonds operate on a cycle basis where every 5 interest-bearing years constitute one cycle. At the end of the agreed basic term and each subsequent cycle, the company has the right to exercise renewal options to extend the bonds for one additional cycle (extending for 5 years) according to the agreed basic term. If the company does not exercise the renewal option, the bonds will be fully redeemed upon maturity.

The coupon rate for this bond issuance is 2.19%.

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