Duration Financial News, on February 2, Poly Property Group *** referred to as "Poly Property Group", 00119HK) issued an announcement on the interest payment of "22 Guaranteed 01" and "22 Guaranteed 02" in 2024.
22 Secured 01 and 22 Secured 02 will start paying interest from February 19, 2024 for the period from February 18, 2023 to February 17, 2024.
22 Guarantee 01 "coupon rate (interest-bearing annual interest rate) is 299%, the face value of each lot of bonds is $1,000, and the interest payout is 2990 yuan (tax included); The coupon rate (interest-bearing annual interest rate) of "22 Baozhi 02" is 366%, with a face value of $1,000 per lot and an interest payout of 3660 yuan (tax included).
Claim registration date: February 8, 2024. As of the close of the day, investors in the current bond are entitled to interest on the balance of the bonds recorded in the escrow account.
The Company will sign an agreement with China ** Depository and Clearing Shanghai Branch to entrust ** bond redemption and interest redemption, and entrust China ** Depository and Clearing Shanghai Branch to redeem and redeem interest on bonds. If the company fails to transfer the bond redemption and interest redemption funds to the bank account designated by China ** Depository and Clearing Shanghai Branch on time and in full, China ** Depository and Clearing Shanghai Branch will terminate the entrusted ** bond redemption and interest redemption services in accordance with the agreement, and the subsequent redemption and interest redemption work shall be handled by the company itself, and the relevant implementation matters shall be subject to the company's announcement. The company will pay the interest of the current bond in full to the bank account designated by the Shanghai Branch of China** Registration and Clearing 2 trading days before the interest payment date of the current bond.
After receiving the payment, the Shanghai Branch of China** Registration and Clearing will transfer the bond interest to the corresponding redemption institution (**Company or other institutions recognized by CSD Shanghai Branch) through the fund settlement system, and the investor will receive the bond interest from the redemption institution.