China Datang Issues 2024 Mid-Term Notes
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China Datang Issues 2024 Mid-Term Notes

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

China Datang Corporation Renewable Power Co. Limited has successfully issued the first tranche of 2024 mid-term notes on July 23, 2024, raising RMB 1 billion with a 3-year term and a 2.08% interest rate. The issuance, underwritten by CSC Financial and other joint lead underwriters, aims to replace existing interest-bearing debt and has been conducted publicly in the national inter-bank bond market. Detailed information about the issuance can be found on the official websites of China Money and the Shanghai Clearing House.

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

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