China Datang Corporation Renewable Power Co. Ltd. Completes Second Tranche of RMB1 Billion Renewable Corporate Bonds Issuance

Reuters
05/16
China Datang Corporation Renewable Power Co. Ltd. Completes Second Tranche of RMB1 Billion Renewable Corporate Bonds Issuance

China Datang Corporation Renewable Power Co., Ltd. has successfully completed the public issuance of its second tranche of renewable corporate bonds for 2025. The bonds, with a total value of RMB1.0 billion, have a basic term of 3 years and an issuing interest rate of 2.05%, commencing from May 15, 2025. The corporate bonds, which have a par value of RMB100, were publicly issued to professional institutional investors. The proceeds are intended for productive expenses, including the repayment of interest-bearing debts, replenishment of working capital, and project investment and operation, in accordance with legal regulations. The offering, managed by CITIC Securities Company Limited as the lead underwriter, marks a significant financial move for the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Datang Corporation Renewable Power Co. Ltd. published the original content used to generate this news brief on May 16, 2025, and is solely responsible for the information contained therein.

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