Core Viewpoint - Yuexiu Property (00123.HK) announced the issuance of the first phase of corporate bonds for 2026, with a total scale not exceeding RMB 700 million [1] Group 1: Bond Issuance Details - The first phase of corporate bonds will consist of two varieties: (i) a five-year fixed-rate corporate bond ("Type A Bond") with an option for the issuer to adjust the interest rate at the end of the third year [1] - At the end of the third year, the issuer has the right to redeem all outstanding Type A Bonds, and bondholders have the right to sell back all or part of the Type A Bonds to the issuer [1] - (ii) a seven-year fixed-rate corporate bond ("Type B Bond") with an option for the issuer to adjust the interest rate at the end of the fifth year [1] - At the end of the fifth year, the issuer has the right to redeem all outstanding Type B Bonds, and bondholders have the right to sell back all or part of the Type B Bonds to the issuer [1] Group 2: Use of Proceeds - The proceeds from the issuance of the 2026 first phase corporate bonds, after deducting issuance costs, will be used to repay maturing corporate bonds [1]
越秀地产(00123.HK):附属公司于中国公开发行担保公司债券