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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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