China Datang Renewable to Pay Annual Interest on 1 Billion Yuan 2024 Bonds; Shares Rise 3%

MT Newswires Live

10/13

China Datang Renewable Power (HKG:1798) said it will pay the yearly interest on its 2024 renewable corporate bonds on Oct. 22, according to an Oct. 10 Hong Kong bourse filing.

Shares of the firm were up over 3% in Monday afternoon trade.

The bonds, issued in October 2024 under the third tranche of its renewable series, carry a 2.30% annual coupon and a total issue size of 1 billion yuan.

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