Poly Property Unit Issues 1.5 Billion Yuan Bonds in China

MT Newswires Live

04/18

Poly Property Group (HKG:0119) subsidiary Shanghai Poly Property has issued 1.5 billion yuan of 2.46% bonds with a term of 3+2 years in China.

The property developer will use the proceeds to replenish the internal funds utilized for repaying bonds it recently repurchased, according to a Thursday disclosure with the Hong Kong Exchange.

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