An announcement has been issued by YUEXIU PROPERTY (00123) regarding the corporate bond issuance by its associated company.
The issuance process for the 2026 public offering of corporate bonds (the second tranche) to professional investors by Guangzhou City Construction Development Co., Ltd. concluded on June 10, 2026.
The first series of bonds was cancelled, while the second series was successfully issued with a total scale of 1.9 billion yuan.
The coupon rate for the second series is set at 1.97%, and the subscription multiple reached 2.32 times.