DATANG RENEW (01798) Issues RMB1 Billion Corporate Bonds
Stock News
Nov 06
DATANG RENEW (01798) announced the successful completion of its 2025 corporate bond (first tranche) issuance on November 6, 2025, with proceeds received. The final issuance size reached RMB1 billion, featuring a 2-year tenor and a face value of RMB100 per bond. The coupon rate was set at 1.75%, with the interest accrual starting on the issuance date.
Net proceeds after deducting issuance costs will be allocated to productive expenditures, including repayment of interest-bearing debts, working capital replenishment, project investments, and other legally compliant operational purposes.
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