China.com Real Estate News On February 17, according to the disclosure of the Shangqing, Gemdale Group intends to issue 1.7 billion yuan of medium-term notes with a maturity of 3 years.
The name of the bond is Gemdale (Group) Co., Ltd. 2022 First Medium-Term Notes, the lead underwriter is Agricultural Bank of China Co., Ltd., and the joint lead underwriter is Bank of Shanghai Co., Ltd. The first date of issuance is February 21, 2022, the value date is February 23, 2022, and the listing date is February 24, 2022.
The issuer plans to use the RMB1.7 billion raised from the medium-term notes to repay the mature bonds and project development and construction. The details are as follows:
