DATANG POWER (00991) Completes Issuance of 30 Billion Yuan Corporate Bonds

Stock News

Aug 14

DATANG POWER (00991) announced that the company completed the issuance of "Datang International Power Generation Co., Ltd. 2025 Technology Innovation Renewable Corporate Bonds for Professional Investors (Third Tranche)" on August 14, 2025. The bond issuance scale is 30 billion yuan with a basic term of 10 years, structured in cycles of 10 interest-bearing years each. At the end of the agreed basic term and at the end of each cycle, the company has the right to exercise renewal options to extend for one additional cycle (i.e., extend for 10 years) according to the agreed basic term. If the company does not exercise the renewal option, the bonds will be fully redeemed at maturity. The coupon rate for this bond issuance is 2.29%.

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