Datang Environment Industry Group Completes RMB500 Million Fourth Tranche of 2025 Sci-Tech Innovation Bonds

Reuters
Oct 16
Datang Environment Industry Group Completes RMB500 Million Fourth Tranche of 2025 Sci-Tech Innovation Bonds

Datang Environment Industry Group Co. Ltd. has announced the completion of its fourth tranche issuance of 2025 sci-tech innovation bonds (STIB), raising RMB500 million. The bonds, with a face value of RMB100 each, were issued to qualified investors on October 15, 2025, with Shanghai Pudong Development Bank Co., Ltd. acting as the principal underwriter and bookrunner. The STIB has a term of 268 days and carries an interest rate of 1.77%. The proceeds from this issuance will be used to repay interest-bearing liabilities. Further details can be found on the website of The Stock Exchange of Hong Kong Limited (https://www.hkexnews.hk).

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