\n<\/p>\n
HONG KONG SAR \u00a0<\/p>\n The issue attracts \u00a0<\/p>\n Credit Suisse, Haitong International, HSBC, J.P. Morgan and Standard Chartered Bank are the joint global \u00a0<\/p>\n Mr. Lin Zhong, Chairman of CIFI, said “We are pleased to see the
\n–\u00a0Media OutReach<\/a>\u00a0–\u00a06 January 2021 – CIFI
\nHoldings (Group) Co. Ltd.<\/a><\/b> (“CIFI” or the “Group”, HKEx
\nstock code: 884), a leading real estate developer and investor in first-,
\nsecond- and robust third-tier cities in China, is pleased to announce that CIFI
\nsuccessfully issues senior notes with an aggregate principal amount of US$419
\nmillion. The senior notes are at a coupon rate of 4.375% and yield of 4.4% with
\na 6.25-year maturity period, which hit the record for the longest maturity period
\nand the lowest coupon rate of the Group’s offshore bond issuance.<\/p>\n
\nenthusiastic
\nresponse, with total orders at peak time exceeding US$4.8 billion, which was
\nover 11 times of the total issue size. 82% of total issuance is allocated to Asian
\ninvestors, while the remaining 18% is allocated to European investors. The
\nfinal allocation to institutional investors is 72%, which consists of
\nworld-renowned and large-scale asset management companies and long-term
\ninvestors. The subscription results and market response reflect the high
\nrecognition of CIFI by the investors in the capital market. The proceeds of the
\nnote will be used for re-financing of the Group’s existing indebtedness.<\/p>\n
\ncoordinators, while Credit Suisse, Haitong International, HSBC, J.P. Morgan, Standard Chartered Bank, The Bank of East Asia,
\nLimited, BOSC International,
\nChina CITIC Bank International and Yue Xiu
\nSecurities are
\nthe joint bookrunners and joint lead managers of the issuance.<\/p>\n
\nstrong demand for the notes issue. The issue hits the Group’s record for the
\nlongest maturity period and the lowest coupon rate of the offshore bond
\nissuance, and it reflects investors’ recognition and support of business
\nprospects of CIFI. The Group will continue to implement prudent financial management
\nand build long-term investment value.” <\/p>\n