China Datang Renewable Power Issues RMB1.5 Billion Mid-Term Notes

The latest announcement is out from China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ).

China Datang Corporation Renewable Power Co., Limited has announced the issuance of its first tranche of 2025 mid-term notes, amounting to RMB1.5 billion with a three-year term and an interest rate of 1.81%. The proceeds from this issuance are intended for repaying existing debts, replenishing working capital, and other legal purposes, potentially strengthening the company’s financial position and operational flexibility in the renewable energy market.

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

China Datang Corporation Renewable Power Co., Limited is a company engaged in the renewable energy sector, focusing primarily on the generation and sale of wind and solar power. The company operates within the broader energy industry, with a market focus on sustainable and renewable energy solutions.

YTD Price Performance: -4.80%

Average Trading Volume: 4,190

Technical Sentiment Signal: Sell

Current Market Cap: €1.75B

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