Xinyuan Real Estate Announces Bond Repurchase
This plan is consistent with Xinyuan's funding strategy and ongoing efforts to enhance the efficiency of its capital structure. In connection with Xinyuan's long-term deleveraging plan, the Company will repurchase notes in the following series: (i) 8.125% senior notes due 2019 issued on
Based on factors including but not limited to economic value, capital costs, debt portfolio, and overall market conditions, Xinyuan will continue to consider opportunities for additional bond repurchases.
There can be no assurance that the repurchases will be completed in full, if at all or the prices at which the securities of any series of Notes.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in
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 intended securities repurchases, 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
For more information, please contact:
Investor Relations Director
Tel: +86 (10) 8588-9376
In U.S.: +1-646-308-1472