Poly Property Group (HKG:0119) said its Shanghai Poly Property unit issued the first tranche of the 2026 medium-term notes, according to a Hong Kong bourse filing Monday.
The first tranche was in the amount of 1 billion yuan, with a term of three years and a coupon rate of 2.69% per annum.
Shares of the property developer fell nearly 2% in late morning trade.