China Datang renewable power completes RMB1.5 bn bond issuance

China Datang Corporation Renewable Power Co. Limited announced the successful public issuance of its second tranche of corporate bonds for 2025, raising RMB1.5 billion. The three-year bonds carry an issuing interest rate of 1.88% and began accruing interest on November 18, 2025. The par value for each bond is RMB100.

The proceeds from the corporate bonds, net of issuance costs, are earmarked for productive expenditures. These include the repayment of interest-bearing debt, replenishment of working capital, and funding for project investment and operation.

CSC Financial Co., Ltd. acted as the lead underwriter and bookrunner. Joint underwriters included CITIC Securities Company Limited, Guotai Haitong Securities Co., Ltd., China International Capital Corporation Limited, Orient Securities Co., Ltd., and Huatai United Securities Co., Ltd. CITIC Securities Company Limited also functions as the bond trustee for this issuance to professional investors.