POLY PROPERTY (00119) Subsidiary Completes Issuance of RMB 1 Billion Medium-Term Notes

Stock News

01/12

POLY PROPERTY (00119) announced that its wholly-owned subsidiary, incorporated in China, Poly Property Group Co., Ltd. (Shanghai Poly Property), has successfully issued the first tranche of its 2026 medium-term notes on January 12, 2026. The first tranche of 2026 medium-term notes, with a principal amount of RMB 1 billion, has been issued with a three-year term and an annual coupon rate of 2.69%. The proceeds from the issuance of the first tranche of 2026 medium-term notes will be used to replenish the issuer's own funds that were utilized to repay debt financing instruments.

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