Summary by Futu AI
On July 5th, 2024, Yuexiu Property (stock code: 00123) announced that the company had issued RMB 1.69 billion 4.10% guaranteed green bonds to professional investors, and had applied for the listing and trading of the bonds on the Hong Kong Stock Exchange. The bonds are expected to be listed on July 15th, 2024. The bonds issued this time will mature in 2027 and will be unconditionally and irrevocably guaranteed by Joy Delight International Limited. Joint global coordinators, joint leading managers and joint bookrunners include Citic Securities, CMB International, Yuexiu Securities and Chong Hing Bank. In addition, Citic Securities also serves as the sole green structuring adviser. Yuexiu Property states that this is to expand its investor base for green financial instruments and promote the company's green development strategy.