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China Datang to Settle 2021 Bonds by 2024
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China Datang to Settle 2021 Bonds by 2024

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

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China Datang Corporation Renewable Power Co., Limited has announced the payment schedule for the principal and final interest of its 2021 renewable corporate bonds, set to be completed by October 25, 2024. The bonds, totaling RMB1 billion, carry an interest rate of 3.48% and will not be renewed at the end of the current cycle. This decision reflects a strategic move by the company to settle these bonds in full by next year.

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

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