Datang Group Holdings Limited announced issuance of USD 300,000,000 12.50% Senior Notes Due 2022. Subject to certain conditions to completion, the Company will issue the Notes in the aggregate principal amount of USD 300,000,000 on 7 June 2021. The Notes will mature on 6 June 2022, unless earlier redeemed in accordance with the terms thereof. The offering price of the Notes will be 99.547% of the principal amount of the Notes. The Notes will bear interest at a rate of 12.50% per annum, payable in arrears on 7 December 2021 and 6 June 2022.