Financial Wire

Datang Renewable Power Completes 1 Billion Yuan Bond Issuance

-- China Datang Renewable Power (HKG:1798) completed the issuance of its second tranche of renewable corporate bonds for 2026, raising 1 billion yuan, according to a Thursday Hong Kong bourse filing.

Shares of the power supplier were down over 1% in Friday morning trade.

The bonds have a three-year term and carry an interest rate of 1.79%, with interest accruing from Thursday.

Proceeds will be used for productive expenses, including repayment of interest-bearing debt, working capital, and project investment.

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