Yuexiu real estate (00123. HK) announced that the issuance scale of the second phase of corporate bonds of Guangzhou urban construction and Development Co., Ltd. (the issuer and the company has 95% subsidiaries) in 2022 will not exceed RMB 2.15 billion. The second issue of corporate bonds in 2022 will be divided into two varieties.
The proceeds from the issuance of corporate bonds will be used to repay the principal and interest of relevant corporate bonds under the issuer in accordance with the terms of other existing corporate bonds of the issuer.
