Poly Property Group Co (HK:0119) has released an update.
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Poly Property Group Co., Ltd. has announced that its wholly-owned subsidiary, Shanghai Poly Property, has successfully issued RMB 2 billion in 2024 second tranche corporate bonds to repay debts. The bonds, aimed at qualified investors, have terms and coupon rates of 3+2 years at 2.45% p.a. and 5+2 years at 2.83% p.a., respectively. Shareholders and investors are advised to consult the Shanghai Stock Exchange for detailed information and seek professional advice before trading.
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