YUEXIU PROPERTY (00123) will issue corporate bonds (first tranche) to professional investors in 2024, with interest payment due on July 14th.

Yuexiu Property (00123) announced that the company will publicly issue corporate bonds (first tranche) aimed at professional investors in 2024. The bonds (referred to as "this series of bonds") will begin paying interest from July 14, 2025, covering the period from July 12, 2024, to July 11, 2025. It is reported that the bond abbreviations are: Type one, 24SJB01; Type two, 24SJB02; Type one has a total value of 500 million RMB, and Type two has a total value of 1 billion RMB. The face interest rate for Type one is 2.25%, with the issuer having the right to adjust the face interest rate at the end of the third year; the face interest rate for Type two is 2.75%.