Datang Renew raises 1.00 billion yuan through third-tranche 3-year corporate bonds at 1.64% coupon

Bulletin Express06-08

China Datang Corporation Renewable Power Co., Limited (Datang Renew) has completed the public issuance of its 2026 renewable corporate bonds (third tranche), securing 1.00 billion yuan in proceeds on 8 June 2026.

The bonds carry a basic maturity of three years, a nominal value of 100 yuan per bond and a fixed coupon rate of 1.64%, with interest commencing on 8 June 2026.

CSC Financial served as lead underwriter and bookrunner. Orient Securities, Everbright Securities, Guotai Haitong Securities, Shenwan Hongyuan Securities, China Galaxy Securities, China Merchants Securities and CITIC Securities acted as joint lead underwriters, while CITIC Securities also assumes the role of bond trustee. The issue was marketed exclusively to professional institutional investors.

According to the company, proceeds will be allocated to productive expenditures, including repayment of interest-bearing debt, working-capital replenishment, project investment and operational needs in compliance with relevant regulations.

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