Datang Environment (01272.HK): Completes Issuance of 2026 Phase I Super Short-term Commercial Paper Worth RMB 500 Million
NewTimeSpace News: On 9 July 2026, Datang Environment (01272.HK) issued an announcement stating that the Company has successfully completed the placement of its 2026 Phase I Super Short-term Commercial Paper to qualified investors. China Merchants Bank acted as the lead underwriter and bookrunner, while Bank of Beijing served as the joint underwriter.
The paper has an issuance size of RMB 500 million, a tenor of 100 days, a par value of RMB 100, and a coupon rate of 1.38%, with interest accruing starting from 8 July 2026. The raised proceeds will be used to repay the maturing technology innovation bonds previously issued by the Company.
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