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China Datang Corp. Announces Payment Details for 2023 Mid-Term Notes

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China Datang Corp. Announces Payment Details for 2023 Mid-Term Notes

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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) just unveiled an update.

China Datang Corporation Renewable Power Co., Limited has announced the payment details for its second tranche of 2023 mid-term notes, which will be due on 14 July 2025. The bonds, amounting to RMB1.0 billion with an interest rate of 2.93%, are held in escrow at Interbank Market Clearing House Co., Ltd., and the interest payments will be transferred to bondholders’ designated bank accounts. This financial move is part of the company’s ongoing efforts to manage its financial obligations and strengthen its position in the renewable energy market.

The most recent analyst rating on (HK:1798) stock is a Hold with a HK$1.95 price target. To see the full list of analyst forecasts on China Datang Corp. Renewable Power Co. Ltd. Class H stock, see the HK:1798 Stock Forecast page.

More about China Datang Corp. Renewable Power Co. Ltd. Class H

China Datang Corporation Renewable Power Co., Limited is a company operating in the renewable energy sector, focusing on the development and management of renewable power projects. It primarily deals with the generation and distribution of renewable energy, contributing to the sustainable energy market.

YTD Price Performance: 20.19%

Average Trading Volume: 8,841,787

Technical Sentiment Signal: Buy

Current Market Cap: HK$18.18B

For detailed information about 1798 stock, go to TipRanks’ Stock Analysis page.

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