POLY PROPERTY (00119) subsidiary has completed the issuance of 1.5 billion yuan corporate bonds.
17/04/2025
GMT Eight
POLY PROPERTY (00119) announced that its wholly-owned subsidiary, POLY PROPERTY Limited, has successfully issued the 2025 second tranche corporate bonds to professional investors on April 16, 2025. The size of the 2025 second tranche corporate bonds is RMB 1.5 billion, with a maturity of 3+2 years and a coupon rate of 2.46% per annum. The proceeds from the 2025 second tranche corporate bonds will be used to replace and repay the principal of the company's bonds with the company's own funds.