China Datang Corporation Renewable Power Announces RMB2 Billion Renewable Corporate Bond Issuance

Bulletin Express02-09

China Datang Corporation Renewable Power Co., Limited completed a public issuance of its first tranche of renewable corporate bonds for 2026 on 9 February 2026, raising RMB2.0 billion. These bonds carry a basic term of three years, with a par value of RMB100 and an issuing interest rate of 1.96%.

CITIC Securities Company Limited serves as the lead underwriter, joined by CSC Financial Co., Ltd., Guotai Haitong Securities Co., Ltd., Everbright Securities Company Limited, GF Securities Co., Ltd., China Merchants Securities Co., Ltd., Shenwan Hongyuan Securities Co., Ltd., and China Galaxy Securities Co., Ltd. as joint lead underwriters. CITIC Securities also acts as bookrunner and bond trustee.

The issuance was offered to professional institutional investors, and the proceeds are intended for productive expenses such as repaying interest-bearing debt, supplementing working capital, and supporting project investment and operations that comply with relevant regulations.

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