Datang Power Generation (00991) completed the issuance of 2.5 billion yuan of renewable corporate bonds for scientific and technological innovation

Zhitongcaijing · 1d ago

Zhitong Finance App News, Datang Power Generation (00991) announced that the public issuance of corporate bonds with a face value of not more than RMB 30 billion to professional investors has been reviewed and approved by the Shanghai Stock Exchange, and has received the China Securities Regulatory Commission's “Approval on Registering Datang International Power Generation Co., Ltd. to publicly issue corporate bonds to professional investors” (Securities Regulatory License [2025] No. 1334).

The company recently completed the issuance of the “Datang International Power Generation Co., Ltd. 2026 Public Offering of Science and Technology Innovation Renewable Corporate Bonds to Professional Investors (Third Issue)” (“Current Bonds”). The issuance scale of the current bond is RMB 2.5 billion. The base period is 5 years, with 1 cycle for every 5 interest-bearing years. At the end of the agreed base period and at the end of each cycle, the company has the right to exercise the right of renewal to extend 1 cycle (that is, 5 years) according to the agreed base period; the company does not exercise the right to renew and pay the current bonds in full maturity. The coupon interest rate for the current issue is 1.77%, and the interest rate is August 7, 2026.