August 6, 2013, Poly Real Estate Finance Ltd, wholly-owned subsidiary of Hengli (Hong Kong) Real Estate Limited which is an overseas wholly-owned subsidiary of Poly Real Estate Group Co., Ltd (Poly Real Estate), successfully issued  USD 500 million 4.50% 5-year fixed-rate bonds at 99.061 cents on the dollar. The annualized yield of the bonds amounted to 4.713%.

Poly Real Estate is a large state-owned listing real estate enterprise and the mainoperation platform for the real estate business of China Poly Group.

Jingtian & Gongcheng acted as the underwriter’s PRC legal counsel.