Datang Renew completes RMB1.00 billion three-year renewable bond issuance at 1.79% coupon

Bulletin Express04-16 21:04

China Datang Corporation Renewable Power Co., Limited (Datang Renew) has finalised the public issuance of its renewable corporate bonds (second tranche) of 2026, raising RMB1.00 billion on 16 April 2026. The bonds carry a basic term of three years and a fixed coupon of 1.79%, with interest beginning to accrue from the issuance date. Each bond has a nominal value of RMB100 and is offered exclusively to professional institutional investors.

Guotai Haitong Securities Co., Ltd. served as lead underwriter, bond trustee and bookrunner. Joint lead underwriters included CSC Financial, CITIC Securities, Everbright Securities, Huatai United Securities, China Merchants Securities, Shenwan Hongyuan Securities and China International Capital Corporation.

According to the announcement, proceeds will be allocated to productive expenditures such as repaying interest-bearing debt, replenishing working capital, project investment and operations, in compliance with relevant regulations.

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