DATANG RENEW Successfully Issues 1 Billion Yuan in Perpetual Corporate Bonds

Stock News06-22 20:22

DATANG RENEW (HKEX: 01798) has announced the successful completion of its public offering for the 2026 perpetual corporate bonds (fourth tranche) and the receipt of the corresponding raised funds.

The final issuance size for this tranche of bonds is 1 billion yuan, with a base term of 3 years. Each bond has a par value of 100 yuan and carries a coupon rate of 1.78%. The interest accrual commenced on June 22, 2026.

The proceeds raised from this bond issuance are designated for productive expenditures. These include repaying interest-bearing debt, supplementing working capital, project investments, and operations, all in compliance with relevant legal and regulatory requirements.

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