China Datang Renewable Power Raises 1 Billion Yuan in Corporate Bond Issue

MT Newswires Live

06/23

China Datang Renewable Power (HKG:1798) completed the issuance of its fourth tranche of renewable corporate bonds for 2026, raising 1 billion yuan, according to a Monday filing with the Hong Kong bourse.

The bonds carry a three-year base term and an interest rate of 1.78%, with interest accruing from June 22.

The company said proceeds will be used for productive expenses, including repayment of interest-bearing debt, replenishment of working capital, project investment and operations, and other purposes in compliance with regulations.

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