BEIJING, Nov. 16, 2020 /PRNewswire/ -- Xinyuan Real Estate
Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an
NYSE-listed real estate developer and property manager operating
primarily in China and also in other countries, today
announced the closing of the offering of the first tranche of
onshore corporate bonds (the "First Tranche Bonds") with a coupon
rate of 8.35%, by Xinyuan (China) Real Estate, Ltd. (the "Issuer"),
the Company's wholly-owned subsidiary that targets the development
of residential properties in China.
The issue size of the First Tranche Bonds is RMB900
million (approximately US$135.9 million). The First
Tranche Bonds have a term of five years. The Issuer is entitled to
raise the coupon rate and the investors are entitled to sell back
the First Tranche Bonds at the end of the third year. The Notes
were issued at the price of par value of RMB100 and are listed on the Shanghai Stock
The First Tranche Bonds were offered outside the United States pursuant to Regulation S
under the Securities Act of 1933, as amended (the "Securities
Act"). The First Tranche Bonds have not been registered under the
Securities Act and may not be offered or sold in the United States absent registration or
applicable exemption from the registration requirements. This press
release does not constitute an offer to sell the First Tranche
Bonds, nor a solicitation for an offer to purchase the First
Tranche Bonds in the U.S. or any other jurisdiction.
About Xinyuan Real
Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed
real estate developer and property manager primarily
in China and recently in other countries.
In China, Xinyuan develops and manages large scale,
high quality real estate projects in over ten tier one and tier two
cities, including Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou, Dalian, Zhuhai and Foshan. Xinyuan was
one of the first Chinese real estate developers to enter the U.S.
market and over the past few years has been active in real estate
development in New York. Xinyuan aims to provide
comfortable and convenient real estate related products and
services to middle-class consumers. For more information, please
For more information, please contact:
Xinyuan Real Estate Co., Ltd.
Investor Relations Director
Tel: +86 (10) 8588-9376
The Blueshirt Group
Ms. Susie Wang
Mobile: +86 (138) 1081-7475
In the United States:
The Blueshirt Group
Ms. Julia Qian
SOURCE Xinyuan Real Estate Co., Ltd.