BEIJING,
March 19, 2018
/PRNewswire/ -- Xinyuan Real Estate Co., Ltd.
("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real
estate developer and property manager primarily in China and in other countries, today announced
the closing of its offering of US$200
million in aggregate principal amount of 9.875% senior notes
due 2020 (the "Notes"). The Notes are guaranteed by certain of
Xinyuan's subsidiaries and secured by a pledge of the capital stock
of certain of Xinyuan's subsidiaries.
The Notes were offered outside the United States pursuant to Regulation S
under the Securities Act of 1933, as amended (the "Securities
Act"). The Notes 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 Notes, nor a solicitation for an
offer to purchase the Notes in the U.S. or any other
jurisdiction.
About Xinyuan Real Estate Co., Ltd.
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, Zhengzhou, Jinan, Xi'an,
Suzhou, among others. 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 visit
http://www.xyre.com.
Forward Looking Statements
Certain statements in this press release constitute
"forward-looking statements". These statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements includes
statements about estimated financial performance and sales
performance and activity, among others, and can generally be
identified by terminology such as "will", "expects", "anticipates",
"future", "intends", "plans", "believes", "estimates" and similar
statements. Statements that are not historical statements are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated, including,
but not limited to, our ability to continue to implement our
business model successfully; our ability to secure adequate
financing for our project development; our ability to successfully
sell or complete our property projects under construction and
planning; our ability to enter successfully into new geographic
markets and new business lines and expand our operations; the
marketing and sales ability of our third-party sales agents; the
performance of our third-party contractors; the impact of laws,
regulations and policies relating to real estate developers and the
real estate industry in the countries in which we operate; our
ability to obtain permits and licenses to carry on our business in
compliance with applicable laws and regulations; competition from
other real estate developers; the growth of the real estate
industry in the markets in which we operate; fluctuations in
general economic and business conditions in the markets in which we
operate; and other risks outlined in our public filings with the
Securities and Exchange Commission, including our annual report on
Form 20-F for the year ended December 31,
2016. Except as required by law, we undertake no obligation
to update or review publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
after the date on which the statement is made.
Notes to Unaudited Financial Information
This release contains unaudited financial information
which is subject to year-end audit adjustments. Adjustments to the
financial statements may be identified when the audit work is
completed, which could result in significant differences between
our audited financial statements and this unaudited financial
information.
For more information, please contact:
In China:
Xinyuan Real Estate Co., Ltd.
Mr.
Joe Xu
Investor Relations Director
Tel: +86 (10) 8588-9376
Email:
irteam@xyre.com
ICR, LLC
In U.S.:
+1-646-308-1472
In China: +86 (10)
6583-7511
Email:
William.zima@icrinc.com
Media:
Edmond
Lococo
In China: +86 (10)
6583-7510
Email:
Edmond.Lococo@icrinc.com
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SOURCE Xinyuan Real Estate Co., Ltd.