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Poly Property Group Co ( (HK:0119) ) just unveiled an announcement.
Poly Property Group Co., Limited announced that its subsidiary, Shanghai Poly Property, successfully issued the 2025 third tranche corporate bonds amounting to RMB 1 billion. These bonds, issued to professional investors, have a term of 5+2 years with a coupon rate of 2.6% per annum. The proceeds will be used to replace internal funds used for repaying previously sold back corporate bonds. This move is part of the company’s financial strategy to manage its debt obligations effectively.
More about Poly Property Group Co
Poly Property Group Co., Limited is a company incorporated in Hong Kong, operating in the real estate industry. It focuses on property development and management, with a market presence in the People’s Republic of China through its wholly-owned subsidiary, Shanghai Poly Property.
Average Trading Volume: 5,134,600
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.46B
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