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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has provided an update.
China Datang Corporation Renewable Power has announced that it will exercise the issuer redemption option on the first tranche of its 2023 mid-term notes, known as 23 Datang Xinneng MTN001. The RMB1 billion bonds, originally issued in China’s interbank market, will be fully redeemed at par value on 17 April 2026, in line with the terms set out at issuance.
The planned full redemption underscores the company’s active management of its onshore debt portfolio and may help optimize its capital structure and financing costs. Bondholders in this tranche will receive 100% of par value upon redemption, marking an orderly exit from this specific funding instrument without indicating any broader changes to the company’s underlying renewable power operations.
The most recent analyst rating on (HK:1798) stock is a Hold with a HK$2.00 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 Hong Kong-listed renewable energy producer focused on generating power from clean energy sources in mainland China. The company raises funding in the onshore bond market, including mid-term notes, to support its operations and development of renewable power assets.
Average Trading Volume: 19,598,568
Technical Sentiment Signal: Hold
Current Market Cap: HK$14.26B
Find detailed analytics on 1798 stock on TipRanks’ Stock Analysis page.