China Datang Renewable Power (HKG:1798) completed the issuance of its fourth tranche of renewable corporate bonds for 2026, raising 1 billion yuan, according to a Monday filing with the Hong Kong bourse.
The bonds carry a three-year base term and an interest rate of 1.78%, with interest accruing from June 22.
The company said proceeds will be used for productive expenses, including repayment of interest-bearing debt, replenishment of working capital, project investment and operations, and other purposes in compliance with regulations.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments