Sou Hu Cai Jing·2025-12-10 06:53Group 1 - New City Group completed the issuance of the third phase of medium-term notes for 2025, with a scale of 1.75 billion yuan and a term of 5 years at a coupon rate of 4% [2] - The company has issued a total of 3.65 billion yuan in medium-term notes this year, all backed by full guarantees from China Bond and rated AAA [2] - In the overseas market, New City Development issued $300 million in senior unsecured bonds in June, marking the first private real estate company to restart overseas capital market financing in three years [2] Group 2 - New City Group innovated financing paths by issuing a real estate asset-backed special plan based on the Shanghai Qingpu Wuyue Plaza, with a scale of 616 million yuan, setting records in the industry [3] - The company has established a mechanism for expansion, reserving a channel for public REITs, which lays a solid foundation for the long-term value release of held commercial assets [3] - The financing breakthroughs of New City Group reflect the continuous improvement of the financing environment for private real estate companies, driven by policy support and corporate efforts [3]