General Announcement::COMPLETION OF THE OFFER TO EXCHANGE AND THE ISSUE OF THE NEW NOTES

Issuer & Securities

Issuer/ Manager
JINGRUI HOLDINGS LIMITED
Securities
JINGRUI US$171M12.75%N230909 - XS2445037646 - OXBB
JINGRUI US$190M12.75%N220311 - XS2126415293 - LGYB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
10-Mar-2022 05:56:20
Status
New
Announcement Sub Title
COMPLETION OF THE OFFER TO EXCHANGE AND THE ISSUE OF THE NEW NOTES
Announcement Reference
SG220310OTHR7EOX
Submitted By (Co./ Ind. Name)
Luo Yuxin
Designation
Board Office Manager
Effective Date and Time of the event
10/03/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
Reference is made to the announcements of the Company dated February 22, 2022, March 2, 2022 and March 7, 2022 in relation to the Exchange Offer. The Company is pleased to announce that on March 9, 2022, all conditions precedent to the Exchange Offer have been fulfilled and the Exchange Offer has been completed. US$175,330,000 of the Existing Notes, validly tendered for exchange and accepted pursuant to the Exchange Offer, have been cancelled. US$171,113,500 of New Notes were issued, bearing interest at the rate of 12.75% per annum from March 9, 2022, payable semi-annually in arrears. Please refer to the attached announcement for further details.

Attachments

Jingrui Holdings - completion of exchange offer and issue of new notes.pdf
Total size =67K