November 8 -- China Datang Corporation Renewable Power ( 01798.HK) fixed the coupon rate of its five-year corporate bond issuance at 5.4 percent, reports stcn.com, citing a company filing.

The company had issued 4.2 billion yuan worth of bonds rated AAA by Dagong Global Credit Rating.

Of the total funds raised, 60 percent will be used to repay bank loans, with the remainder to be used to supplement operating cash flow.
 

Source:Capitalvue