China Datang Corporation Renewable Power Co. Ltd. Completes Issuance of 2025 Second Tranche of Ultra-Short-Term Debentures Valued at RMB 1 Billion

Reuters

05-20

China Datang Corporation Renewable Power Co. Ltd. Completes Issuance of 2025 Second Tranche of Ultra-Short-Term Debentures Valued at RMB 1 Billion

China Datang Corporation Renewable Power Co., Ltd. has announced the completion of its 2025 second tranche issuance of ultra-short-term debentures. The total issuing amount is RMB1 billion, with a maturity period of 79 days set to mature on August 6, 2025. The debentures were issued with a par value of RMB100 each and carry an interest rate of 1.52%, with interest accruing from May 19, 2025. Industrial Bank Co., Ltd. served as the lead underwriter and bookrunner for the issuance, which was publicly issued in the PRC inter-bank bond market through centralized book-building and placing. The proceeds will be used to repay the company's borrowings and improve its financing structure. Relevant documents related to this issuance can be found on the website of Shanghai Clearing House at https://http://www.shclearing.com.

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 20, 2025, and is solely responsible for the information contained therein.

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Completes Issuance of 2025 Second Tranche of Ultra-Short-Term Debentures Valued at RMB 1 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Datang Corporation Renewable Power Co., Ltd. has announced the completion of its 2025 second tranche issuance of ultra-short-term debentures. The total issuing amount is RMB1 billion, with a maturity period of 79 days set to mature on August 6, 2025. The debentures were issued with a par value of RMB100 each and carry an interest rate of 1.52%, with interest accruing from May 19, 2025. Industrial Bank Co., Ltd. served as the lead underwriter and bookrunner for the issuance, which was publicly issued in the PRC inter-bank bond market through centralized book-building and placing. The proceeds will be used to repay the company's borrowings and improve its financing structure. 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Completes Issuance of 2025 Second Tranche of Ultra-Short-Term Debentures Valued at RMB 1 Billion\n    \n\n        China Datang Corporation Renewable Power Co., Ltd. has announced the completion of its 2025 second tranche issuance of ultra-short-term debentures. The total issuing amount is RMB1 billion, with a maturity period of 79 days set to mature on August 6, 2025. The debentures were issued with a par value of RMB100 each and carry an interest rate of 1.52%, with interest accruing from May 19, 2025. Industrial Bank Co., Ltd. served as the lead underwriter and bookrunner for the issuance, which was publicly issued in the PRC inter-bank bond market through centralized book-building and placing. The proceeds will be used to repay the company's borrowings and improve its financing structure. 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