DATANG POWER (00991) completed the issuance of 1.6 billion yuan of technology innovation renewable corporate bonds.
Datang Power Generation (00991) announced that the company had completed the acquisition of Datang International Power Generation Co., Ltd. on July 31, 2025.
DATANG POWER (00991) announced that the company has completed the issuance of "Datang International Power Generation Company Limited's 2025 Technology Innovation Renewable Corporate Bonds (Second Tranche)" for professional investors on July 31, 2025. The issuance size of this bond is RMB 1.6 billion, with a base term of 3 years, and with each 3-year interest period as one cycle. At the end of the agreed base term and at the end of each cycle, the company has the right to exercise the option to extend the term by 1 cycle (i.e. extend for 3 years); if the company does not exercise the option, the bond will be fully repaid at maturity. The face interest rate of this bond is 1.92%.
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