Datang Renewable Power Sells 1 Billion Yuan Bonds

MT Newswires Live
16 Jun

China Datang Corporation Renewable Power (HKG:1798) completed the issue of 1 billion yuan of ultra-short-term debentures on June 12, a Monday Hong Kong bourse filing said

The debentures have an interest rate of 1.57% and will fall due in 42 days.

The power supplier will use proceeds from the issue to repay borrowings and improve its financing structure.

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