China Datang Corp. Issues RMB1 Billion Bonds
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China Datang Corp. Issues RMB1 Billion Bonds

China Datang Corp. Renewable Power Co. Ltd. Class H (HK:1798) has released an update.

China Datang Corporation Renewable Power Co., Ltd. has successfully issued its third tranche of renewable corporate bonds for 2024, raising RMB1.0 billion. With a 3-year term and a 2.30% interest rate, these bonds are aimed at professional investors and the funds will be used for various productive expenses including debt repayment and project investments.

For further insights into HK:1798 stock, check out TipRanks’ Stock Analysis page.

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