Yuexiu Property (HKG:0123) wholly owned unit Joy Delight International plans to issue 1.60 billion yuan of 3.40% guaranteed green notes due 2029, according to a Thursday Hong Kong bourse filing.
The property developer said proceeds will be used to refinance certain offshore medium- to long-term debts maturing within one year and to finance or refinance eligible green projects.
The green notes will be offered to professional investors and are expected to be issued on May 28.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments