By William Gullotti
Buffalo, N.Y., Oct. 17 – Poly Property Group Co., Ltd.’s wholly owned subsidiary, Shanghai Poly Property, issued RMB 500 million of 3.48% medium-term notes to qualified investors, according to a company announcement on Tuesday.
The medium-term notes have a three-year tenor.
Proceeds will be used for property development projects.
The third tranche of medium-term notes marks Poly Property’s fifth issuance of 2023.
Poly Property is a residential and commercial property company based in Hong Kong.
| Issuer: | Shanghai Poly Property
|
| Amount: | RMB 500 million
|
| Issue: | Medium-term notes, third tranche
|
| Tenor: | Three years
|
| Coupon: | 3.48%
|
| Issue date: | Oct. 17
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
