DATANG POWER Successfully Issues Inaugural Sustainable-Linked Corporate Bond Due 2026

Stock News
04/27

DATANG POWER (00991) has announced the successful issuance of its "2026 Science and Technology Innovation Perpetual Corporate Bond (First Tranche) (Sustainable-Linked)" for professional investors. The total issuance size amounts to RMB 2 billion. The bond carries a coupon rate of 1.84% and has a base term of five years. The bond is structured in five-year cycles, granting the company the option to extend the term by an additional five-year period at the end of each cycle. Should the company choose not to exercise this extension right, the bond will be fully redeemed upon maturity. The interest accrual for the bond commenced on April 27, 2026.

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