Poly Developments and Holdings Group Co.,Ltd. will face put event of its bond with ISIN CND10004FX66. The bond is listed in Shanghai Stock Exchange with local code of 188171. The ISIN of this bond is CND10004FX66. Its issue amount is CNY 2.5 bn. Its issue date is May 31st, 2021. Its maturity date is Jun 1st, 2026. The exercise date is Jun 1st, 2024. The application period for bond holders is from Apr 18th, 2024 to Apr 24th, 2024.
According to bond terms, at the end of 3rd interest-bearing year, issuer would decide whether to adjust the coupon rate of last 2 years. This time, issuer has decided to change coupon rate of this bond. The new coupon rate is 2.95%, while the original coupon rate is 3.39%. The effective date is Jun 1st, 2024.
Poly Developments and Holdings Group is a state-owned company engaged in development of real estate.
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