Datang Renew (01798.HK) announced on July 25 that the company has issued the first medium-term notes for the year 2024 on July 23, 2024. The total amount of this issue is RMB 1 billion, the term is 3 years, the face value is RMB 100, and the issuance rate is 2.08%. The interest accrual date is July 24, 2024.
The funds raised from this issue of medium-term notes will be used to replace existing interest-bearing debts after deducting the issuance expenses.