China Datang Renewable Power completes ultra-short-term debenture issuance

China Datang Corporation Renewable Power Co., Limited announced the completion of its second tranche of ultra-short-term debentures on May 19, 2025. The total issuing amount for these "Debentures" is RMB1 billion, featuring a maturity period of 79 days, maturing on August 6, 2025. The debentures have a par value of RMB100 and carry an interest rate of 1.52%, with interest accruing from May 19, 2025. Industrial Bank Co., Ltd. acted as the lead underwriter and bookrunner. The debentures were publicly issued in the PRC inter-bank bond market, and the company intends to use the proceeds to repay existing borrowings and enhance its financing structure. Relevant documents are available on the Shanghai Clearing House website.