China Datang Corporation Renewable Power Co., Ltd. has announced the completion of the issuance of its 2025 fourth tranche of ultra-short-term debentures. The debentures, amounting to RMB1.5 billion, have a maturity period of 90 days with a maturity date set for 16 October 2025. The par value of each debenture is RMB100, and they carry an interest rate of 1.46%, with interest accruing from 18 July 2025. The proceeds from this issuance will be utilized to repay the company's borrowings, thereby enhancing its financial structure. The issuance was led by China Minsheng Banking Corp., Ltd., with Shanghai Pudong Development Bank Co., Ltd. acting as the joint lead underwriter. The debentures were issued in the PRC inter-bank bond market through a centralized book-building and placing process.
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