DATANG RENEW to Redeem RMB1.90 Billion Renewable Bonds in 2026, Opts Against Three-Year Extension

Bulletin Express
05/13

China Datang Corporation Renewable Power Co., Limited (DATANG RENEW, 01798) has announced it will not exercise the embedded extension option on its 2023 Renewable Corporate Bonds (third tranche), code 115510.SH, with a face value of RMB1.90 billion. As a result, the bonds will be fully redeemed on 26 June 2026, the end of their initial three-year interest-bearing cycle.

Key terms of the securities remain unchanged: • Issuance date: 26 June 2023 • Coupon: fixed at 3.20% with annual interest payments every 26 June • Initial tenor: three years, with a one-time option to extend for an additional three years (now declined)

With the non-exercise of the renewal option, the 26 June 2026 interest payment date will also serve as the principal repayment date. CSC Financial Co., Ltd. acted as lead underwriter for the original issuance.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10