China Datang Power issues first tranche of 2025 mid-term notes
China Datang Corporation Renewable Power Co., Limited ("Company") announced the issuance of its first tranche of 2025 mid-term notes on April 17, 2025. The total issue amount is RMB1.5 billion, with a 3-year term and an interest rate of 1.81%, accruing from April 18, 2025. CITIC Securities Co., Ltd. acted as the lead underwriter and bookrunner, with several other banks participating as joint lead underwriters. The Mid-term Notes were issued publicly in the national inter-bank bond market. The Company intends to use the net proceeds from the issuance to repay existing interest-bearing debt, replenish working capital, and for other compliant purposes. Documentation is published on the websites of China Money (http://www.chinamoney.com.cn) and the Shanghai Clearing House (http://www.shclearing.com.cn).
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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