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Poly Property Group Issues RMB500 Million Medium-Term Notes

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Poly Property Group Issues RMB500 Million Medium-Term Notes

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Poly Property Group Co ( (HK:0119) ) just unveiled an announcement.

Poly Property Group Co., Limited announced the successful issuance of RMB500 million in medium-term notes by its subsidiary, Shanghai Poly Property. The notes, with a 5-year term and a 2.57% coupon rate, will refinance internal funds used for repaying previous notes, potentially strengthening the company’s financial position and operational flexibility.

More about Poly Property Group Co

Poly Property Group Co., Limited is a company incorporated in Hong Kong with a focus on property development and management. It operates primarily in the People’s Republic of China through its wholly-owned subsidiary, Shanghai Poly Property.

YTD Price Performance: 5.47%

Average Trading Volume: 5,486,938

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.11B

Learn more about 0119 stock on TipRanks’ Stock Analysis page.

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