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China's SOEs Buying Excess Property a Major Step Forward in Rescue Plan
China's state-owned enterprises buying excess housing from the market could be a big leap forward in rescuing the country's property sector as it opens the door for direct public financing, ANZ Resear
Poly Property Subsidiary Issues 1.5 Billion Yuan of Bonds
Poly Property Group (HKG:0119) subsidiary Shanghai Poly Property completed the issuance of the first tranche of 2024 corporate bonds, according to a Tuesday filing with the Hong Kong Stock Exchange. T
Poly Property Group (00119) subsidiary completes issuance of 1.5 billion yuan bonds.
Zhixin Finance APP news, Poly Property Group (00119) announced that its wholly-owned subsidiary, Poly Property Group Co., Ltd. in China ("Shanghai Poly Property"), has successfully issued the first phase of its 2024 enterprise bond index to qualified investors on June 11, 2024. The first phase of the 2024 enterprise bond index has a scale of RMB 1.5 billion, of which RMB 500 million has a term of 3+2 years with a coupon rate of 2.5%, and RMB 1 billion has a term of 5+2 years with a coupon rate of 2.8%. The first phase of the 2024 enterprise bond index will be used for repayment.
Express News | Poly Property - Size of 2024 First Tranche Corporate Bonds Issued by Unit Was RMB 1.5 Bln
Express News | Poly Property - Unit Issued 2024 First Tranche Corporate Bonds to Qualified Investors on 11 June
Express News | Poly Property - Public Issue of Domestic Corporate Bonds by Shanghai Poly Property, a Wholly-Owned Subsidiary of Company
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