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Poly Property Group’s Subsidiary Issues RMB 1.5 Billion Corporate Bonds

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

Poly Property Group Co., Limited announced that its wholly-owned subsidiary, Shanghai Poly Property, has successfully issued the 2025 second tranche corporate bonds amounting to RMB 1.5 billion. These bonds, issued to professional investors, have a term of 3+2 years with a coupon rate of 2.46% per annum and are intended to replace internal funds used for repaying previously sold-back corporate bonds.

More about Poly Property Group Co

Poly Property Group Co., Limited is a company incorporated in Hong Kong with limited liability, operating in the real estate industry. It focuses on property development and management, primarily in the People’s Republic of China.

YTD Price Performance: -15.00%

Average Trading Volume: 100

Technical Sentiment Signal: Strong Buy

Current Market Cap: $704.5M

See more data about 0119 stock on TipRanks’ Stock Analysis page.

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