POLY PROPERTY (00119) subsidiary completed the issuance of 1 billion yuan medium-term notes.
Poly Real Estate Group (00119) announced that its wholly-owned subsidiary Poly Real Estate Group Limited (Poly Real Estate) registered and established in China has successfully issued the first tranche of 2026 medium-term notes on January 12, 2026. The first tranche of 2026 medium-term notes for a total amount of 1 billion yuan has been issued with a maturity of three years and a fixed annual interest rate of 2.69%. The funds raised from the issuance of the first tranche of 2026 medium-term notes will be used to replace the issuer's own funds used to repay debt financing instruments.
POLY PROPERTY (00119) announced that its wholly-owned subsidiary, POLY PROPERTY Co., Ltd. (Shanghai Poly Real Estate), registered in China, successfully issued the first tranche of 2026 medium term notes on January 12, 2026. The first tranche of 2026 medium term notes, in the amount of RMB 1 billion, has a maturity of three years and a coupon rate of 2.69% per annum. The proceeds from the issuance of the first tranche of 2026 medium term notes will be used to replace the issuer's own funds used to repay debt financing instruments.
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