A subsidiary of Poly Real Estate Group (00119) completed the issuance of 1.5 billion yuan of corporate bonds

Zhitongcaijing · 10/16 09:41

According to Zhitong Finance App, Poly Real Estate Group (00119) announced that the 2024 third issue of corporate bonds (2024 Phase III corporate bonds) issued to qualified investors by Poly Real Estate Group Co., Ltd. (Shanghai Poly Real Estate), a wholly-owned subsidiary of the company established in China, was successfully issued on October 16, 2024. The size of the third corporate bond in 2024 is RMB 1.5 billion, the issuance period is 3+2 years, and the coupon interest rate is 2.98% per annum. The third installment of the 2024 corporate bonds will be used to repay interest-bearing debt.