Datang New Energy (01798.HK) successfully issued 1 billion yuan of renewable corporate bonds.

China Fortune Financial News APP news, Datang New Energy (01798.HK) announced that the company has completed the public issuance of the company's 2025 renewable corporate bonds (second tranche) on May 15, 2025, and has received the funds raised from this issuance. The final issuance size of this corporate bond is RMB 1 billion, with a base term of 3 years, a face value of RMB 100, and an issuance interest rate of 2.05%. The interest starts from May 15, 2025. The funds raised from this corporate bond issuance are intended for productive expenditure, including repayment of debt, supplementing working capital, project investment, and operations that comply with legal and regulatory requirements.