POLY PROPERTY(00119.HK): Subsidiary Issues RMB500 Million Medium-Term Notes with 2.95% Coupon Rate

NewTimeSpace · 2026/01/27 13:21 · By Jiayi Sun

NewTimeSpace News: POLY PROPERTY issued a voluntary announcement on January 27, stating that its wholly-owned subsidiary Shanghai Poly Property successfully issued the second tranche of 2026 medium-term notes on January 22. The issuance scale is RMB500 million with a three-year term and a coupon rate of 2.95% per annum. The proceeds raised will be used to replace the own funds allocated for repaying debt financing instruments.

NewTimeSpace News: As disclosed in an announcement on January 27, 2026, POLY PROPERTY(00119.HK) announced that its wholly-owned subsidiary Shanghai Poly Property, registered in China, has successfully completed the issuance of the second tranche of 2026 medium-term notes on January 22. The total principal amount of the medium-term notes issued this time is RMB500 million, with a specified term of three years and a fixed annual coupon rate of 2.95%.

According to the announcement, the funds raised from this issuance will be specifically used to replace the issuer's own funds for repaying debt financing instruments. This move will help optimize Shanghai POLY PROPERTY's capital structure, reduce financing costs, and further consolidate its financial stability.

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POLY PROPERTY 00119.HK medium-term notes