Datang Environment Industry Raises 500 Million Yuan Through Commercial Paper Issue
Datang Environment Industry Group (HKG:1272) raised 500 million yuan through the issuance of commercial paper to qualified investors.The bonds carry a 1.38% interest rate and will mature in 100 days, a Thursday Hong Kong bourse filing said.The environmental protection company will use the proceeds to repay its previously issued sci-tech innovation bonds that are due for maturity.