#Latest news with #PolyPropertyGroupBloomberg14-05-2025BusinessBloombergChinese Companies Turn to Bank Loans Amid Market TurmoilChinese companies are favoring bank loans as an alternate source of funding, as they seek to lower costs amid market uncertainty. State-owned developer Poly Property Group is the latest borrower to seek a $500 million-equivalent offshore loan to repay a 4% fixed-rate note due in November, according to people familiar with the matter.
Bloomberg14-05-2025BusinessBloombergChinese Companies Turn to Bank Loans Amid Market TurmoilChinese companies are favoring bank loans as an alternate source of funding, as they seek to lower costs amid market uncertainty. State-owned developer Poly Property Group is the latest borrower to seek a $500 million-equivalent offshore loan to repay a 4% fixed-rate note due in November, according to people familiar with the matter.