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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) just unveiled an announcement.
China Datang Corporation Renewable Power Co., Limited has issued renewable corporate bonds to professional investors as part of its funding structure, with the 2023 second tranche (Type II) bonds amounting to RMB1.9 billion, carrying a fixed annual coupon of 3.62% and an initial three-year interest-bearing term with potential three-year extensions at the issuer’s discretion. The company has decided not to exercise the renewal option on this tranche and will instead repay the bonds in full on 22 February 2026, clarifying the maturity profile of this debt and providing bondholders with certainty on principal and interest repayment timing, which may affect its future capital planning and refinancing strategy.
The most recent analyst rating on (HK:1798) stock is a Hold with a HK$2.50 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 China-based power generation company focused on renewable energy, primarily developing, operating and managing wind, solar and other clean power projects for professional and institutional investors in onshore capital markets.
YTD Price Performance: 7.00%
Average Trading Volume: 18,019,264
Technical Sentiment Signal: Sell
Current Market Cap: HK$15.57B
For a thorough assessment of 1798 stock, go to TipRanks’ Stock Analysis page.