YUEXIU PROPERTY (00123) has issued an announcement regarding the public offering of corporate bonds by Guangzhou Urban Construction Development Co., Ltd. targeted at professional investors in 2026 (Phase I). The total issuance scale is capped at 700 million yuan (inclusive). This bond issue is divided into two series. Series one has a term of 3+2 years, while series two has a term of 5+2 years. Based on the book-building results and after full consultation and prudent judgment by the issuer and the lead underwriter, it was ultimately decided that the entire amount of series one would be reallocated to series two. The final coupon rate for series two of this bond issue has been set at 2.18%.
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