Poly Property's Unit Gets China Nod for 7 Billion Yuan Bond Issue

MT Newswires Live

02/13

An application by Poly Property's (HKG:0119) unit Poly Property Group for the proposed issue of up to 7 billion yuan of bonds has been approved by China Securities Regulatory Commission, a Thursday Hong Kong bourse filing said.

The domestic corporate bonds are intended to be issued to professional investors in multiple tranches within 24 months of approval.

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