Datang Enviro (01272) announced that the company has completed the issuance of the 2024 third tranche of super short-term financing bonds to qualified investors on October 17, 2024. Bank of Beijing Limited acted as the lead underwriter and bookrunner, and has received the funds raised in this issuance. The issuance size of the super short-term financing bonds is 0.5 billion yuan, with a term of 92 days and a face value of 100 yuan. The interest rate for the issuance of super short-term financing bonds is 2.14%. The interest starts accruing on October 17, 2024.
The raised funds from the issuance of super short-term financing bonds are intended to repay the interest-bearing liabilities.
