Poly Property Group Subsidiary Issues Bonds for Debt Repayment

Poly Property Group Co (HK:0119) has released an update.

Poly Property Group’s subsidiary, Shanghai Poly Property, successfully issued RMB 1.5 billion in corporate bonds, with an attractive coupon rate of 2.98% p.a., to repay existing debts. This strategic move demonstrates the company’s proactive approach to managing its financial obligations, potentially boosting investor confidence.

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