Datang Power Generation (00991) completed the issuance of 2 billion yuan corporate bonds.
Uptown Financial APP News, Datang Power (00991) announced that the company recently completed the issuance of "Datang International Power Corporation Limited 2026 Technology Innovation Renewable Perpetual Corporate Bonds (Second Tranche)" to professional investors. The issuance size of this bond is RMB 2 billion, with a base term of 5 years. For every 5 interest calculation years, there is one cycle. At the end of the agreed base term and at the end of each cycle, the company has the right to exercise the renewal option, extending the base term by 1 cycle (i.e., extending by 5 years); if the company does not exercise the renewal option, the bond will be fully repaid at maturity. The coupon rate of this bond is 1.79%, with an interest starting date of July 15, 2026.
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