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., Ltd. has announced its decision not to exercise the renewal option for its 2023 Renewable Corporate Bonds, opting to settle them in full by January 2025. The bonds, which carry a fixed interest rate of 3.52%, were issued in January 2023 with a total value of RMB 2 billion. This decision reflects the company’s strategic approach in managing its financial instruments and obligations.
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