China Datang Renewable Power announces 2025 bond interest payment

China Datang Corporation Renewable Power Co., Limited (HKEX: 1798) announced the upcoming payment of interest for its renewable corporate bonds issued in 2023. The interest payment, covering the period from June 26, 2024, to June 25, 2025, is scheduled for June 26, 2025. These bonds, with a code of 115510, represent a total issue amount of RMB1.9 billion and carry an interest rate of 3.20%. The announcement details that interest will be paid through the China Securities Depository and Clearing Corporation Limited (CSDCC) Shanghai Branch, which acts as a proxy for the payment process. Each three-year interest-bearing period is a repricing cycle, allowing the company to extend the maturity or redeem the bonds.