trending Market Intelligence /marketintelligence/en/news-insights/trending/ivmhhg1llisog4qzu5efag2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Yuexiu Property unit completes 2B yuan bonds issue

Municipal-Run Fiber Tops 280000 Subscribers In 2018

The Essential Conference 2019 Highlight Reel

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next


Yuexiu Property unit completes 2B yuan bonds issue

YuexiuProperty Co. Ltd.'s unit completed the public of 2.00 billion Chinese yuan inguaranteed corporate bonds in China.

The issue is the third tranche of an 8 billion-yuan bondprogram and wasissued by Guangzhou City Construction & Development Co. Ltd. YuexiuProperty owns a 95% stake in the unit.

Of the aggregate principal amount of the issued bonds, 1.5billion yuan was issued for the type 5 bonds at a coupon rate of 2.95% and 500million yuan was issued for the type 6 bonds at a coupon rate of 3.15%.

Yuexiu Property said that proceeds from the third-trancheissuance will be used to repay loans and replenish liquid capital, according toan earlier report.

As of Sept. 28, US$1was equivalent to 6.68 Chinese yuan.