Poly Property Group’s Subsidiary Issues RMB 1.5B Bonds

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

Poly Property Group Co., Limited’s wholly-owned subsidiary, Shanghai Poly Property, has successfully issued RMB 1.5 billion worth of corporate bonds, aimed at repaying debts and financing project construction and operations. The bonds, issued exclusively to qualified investors, have different terms and coupon rates, with further details available on the Shanghai Stock Exchange’s website. Shareholders and investors are cautioned to consult professional advice and not to rely solely on the information presented in this announcement.

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