Poly Property Group (00119) announced that its wholly-owned PRC subsidiary, Shanghai Poly Property, has successfully issued the second tranche of its 2026 medium-term notes. According to the announcement, the issuance took place on January 22, 2026, with a total principal amount of RMB500 million.
The notes have a term of three years and carry a coupon rate of 2.95% per annum. Proceeds will be used to replenish internal funds previously allocated by the issuer to repay debt financing instruments. Relevant information regarding this issuance has also been published on the websites of China Money, Shanghai Clearing House, and Beijing Financial Assets Exchange.