CHINA DATANG CORPORATION RENEWABLE POWER CO., LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
ANNOUNCEMENT ON PAYMENT OF 2020 INTEREST FOR
CORPORATE BONDS OF 2019
The announcement is made by China Datang Corporation Renewable Power Co., Limited* (the "Company") pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Reference is made to the announcement (the "Issuance Announcement") of the Company dated 27 September 2019 in relation to the public issuance of corporate bonds (the "Bonds"). Unless the context requires otherwise, capitalised terms used in this announcement shall have the same meanings ascribed thereto in the Issuance Announcement.
The information below was originally prepared in Chinese for the purpose of disclosure on the website of Shanghai Stock Exchange (http://www.sse.com.cn), and translated into English for the purpose of publishing on the website of The Stock Exchange of Hong Kong Limited.
The Company will begin to pay the interest for the period from 26 September 2019 to 25 September 2020 on 28 September 2020 (the "Interest Payment"), details of which are stated as below.
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- BASIC INFORMATION OF THE BONDS
1. | Name of the Bonds | : | Public issue of corporate bonds of 2019 |
of China Datang Corporation Renewable | |||
Power Co., Limited* (first tranche) (Type | |||
I) | |||
2. | Abbreviation of the Bonds | : | 19 Tang Xin* ( 唐 新) 01 |
3. | Bonds code | : | 155756 |
4. | Issuer | : | The Company |
5. | Total issue amount of the | : | RMB1,200 million |
Bonds | |||
6. | Term of the Bonds | : | Three years |
7. | Interest rate of the Bonds | : | 3.58% |
8. | Interest-bearing period and | : | 26 September of each year from 2020 to |
interest payment date of the | 2022 is the interest payment date of the | ||
Bonds | Bonds for the previous interest-bearing | ||
year (if it falls on a statutory holiday or | |||
a rest day in Mainland China, it shall be | |||
postponed to the next working day) |
- PAYMENT METHOD
1. The Company will enter into the Proxy Agreement on Payment of Principal and Interest for Bonds with the Shanghai Branch of China Securities Depository and Clearing Corporation Limited (the"CSDCC Shanghai Branch") to entrusting CSDCC Shanghai Branch to pay principal and interest of the Bonds. If the Company fails to remit sufficient principal and interest for the Bonds to the bank account designated by CSDCC Shanghai Branch on time, CSDCC Shanghai Branch would terminate the principal and interest payment service as proxy in accordance with the agreement. As such, the Company shall handle the subsequent principal and interest payment on its own. Please refer to the announcements to be issued by the Company for details of the implementation. The Company shall remit the interest of the Bonds in full to the bank account designated by CSDCC Shanghai Branch two working days before the interest payment date of the Bonds.
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2. Upon receipt of such payment, CSDCC Shanghai Branch will pay the interest of the Bonds to the corresponding payment institutions (securities companies or other institutions recognized by CSDCC Shanghai Branch) through which investors can receive their interest of the Bonds.
- RELEVANT AGENCIES OF THE INTEREST PAYMENT
1. | Issuer | : | The Company |
Contact person | : | Cui Jian | |
Contact number | : | 010-81130882 | |
2. | Trustee | : | Haitong Securities Co., Ltd. |
Contact persons | : | Deng Jing, Zheng Yunqiao | |
Contact number | : | 010-88027267 |
By order of the Board
China Datang Corporation Renewable Power Co., Limited*
Cui Jian
Joint Company Secretary
Beijing, the PRC, 18 September 2020
As at the date of this announcement, the executive directors of the Company are Mr. Liu Guangming and Mr. Meng Lingbin; the non-executive directors are Mr. Kou Wei, Mr. Hu Shengmu, Mr. Li Yi and Mr. Liu Baojun; and the independent non-executive directors are Mr. Liu Chaoan, Mr. Lo Mun Lam, Raymond and Mr. Yu Shunkun.
- For identification purpose only
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China Datang Corporation Renewable Power Co. Ltd. published this content on 18 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2020 11:34:02 UTC
