POLY PROPERTY's Wholly-Owned Subsidiary in Shanghai Completes RMB1.5 Billion Corporate Bond Issuance

Stock News

Apr 20

POLY PROPERTY (00119) announced that its wholly-owned subsidiary, Poly Property Group Co., Ltd. (Shanghai Poly Property), which is incorporated in China, has successfully issued the first tranche of its 2026 corporate bonds on April 20, 2026. The issuance size of the first 2026 corporate bonds is RMB 1.5 billion, with a maturity period of 3+2 years and an annual coupon rate of 2.53%. The proceeds from the bond issuance will be used to replenish the issuer's own funds used for repaying debt financing instruments.

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