Datang International Power Generation Issues 1 Billion Yuan of 60-Day Bonds

MT Newswires Live
Yesterday

Datang International Power Generation (SHA:601991, HKG:0991) issued 1 billion yuan of 60-day bonds, according to a Tuesday filing with the Shanghai bourse.

The bonds have a coupon rate of 1.26%. Proceeds will help repay loans.

Shanghai Pudong Development Bank is the bookrunner and lead underwriter, while Bank of Beijing is the joint lead underwriter.

The power generation company's shares fell 2% in Shanghai during morning trading on Tuesday.

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