China Datang Corporation Renewable Power Issues RMB1 Billion Two-Year Corporate Bonds
China Datang Corporation Renewable Power Co. Ltd. has completed the public issuance of its 2025 first tranche corporate bonds. The total issue size is RMB1 billion, with a term of 2 years and a par value of RMB100. The bonds carry an issuing interest rate of 1.75%, with interest accruing from 6 November 2025. The proceeds, after deducting issuance costs, are intended for productive expenditures, including repayment of interest-bearing debt, replenishment of working capital, project investment and operation, and other uses in compliance with relevant laws and regulations. The bonds have been publicly issued to professional investors, with Guotai Haitong Securities Co., Ltd. acting as lead underwriter, bond trustee, and bookrunner, and several other firms acting as joint underwriters.
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