China Datang Corporation Renewable Power Co., Ltd. has successfully completed the public issuance of its second tranche of renewable corporate bonds for 2025. The bonds, with a total value of RMB1.0 billion, have a basic term of 3 years and an issuing interest rate of 2.05%, commencing from May 15, 2025. The corporate bonds, which have a par value of RMB100, were publicly issued to professional institutional investors. The proceeds are intended for productive expenses, including the repayment of interest-bearing debts, replenishment of working capital, and project investment and operation, in accordance with legal regulations. The offering, managed by CITIC Securities Company Limited as the lead underwriter, marks a significant financial move for the company.
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