December 30, 2015— Xinyuan Real Estate Co., Ltd. (“Xinyuan” or “the Company”) (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and recently in other countries, today announced the issue of the first tranche of the onshore corporate bonds (the “First Tranche Bonds”) by Xinyuan (China) Real Estate, Ltd. (the “Issuer”), the Company’s wholly-owned subsidiary that targets the development of residential properties in China, has been completed with a coupon rate of 7.5%.
The issue size of the First Tranche Bonds is RMB1 billion (approximately US$154 million). The First Tranche Bonds have a term of five years. The Issuer shall be entitled to raise the coupon rate and the investors shall be entitled to sell back the First Tranche Bonds at the end of the third year.[button href=”http://ir.xyre.com/phoenix.zhtml?c=217254&p=irol-newsArticle&ID=2125376″ style=”emboss” size=”medium” color=”#81d742″ hovercolor=”#1e73be” target=”_blank” icon=”external-link”]Source: Xinyuan Real Estate[/button]