China Datang Corp. Renewable Power Co. Ltd. Class H (HK:1798) has released an update.
China Datang Corporation Renewable Power Co., Limited has successfully completed the issuance of its 2024 second tranche of ultra-short-term debentures, amounting to RMB0.5 billion with a 120-day maturity and an interest rate of 1.72%. The funds raised will be utilized to repay existing borrowings and enhance the company’s financial structure. The debentures were issued in the PRC inter-bank bond market, with Industrial Bank Co., Ltd. and Beijing Rural Commercial Bank Co., Ltd. serving as the lead underwriter and joint lead underwriter respectively.
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