General Announcement::RESULTS OF EXCHANGE OFFER FOR THE 13.5% SENIOR NOTES DUE 2021

Issuer & Securities

Issuer/ Manager
GANGLONG CHINA PROPERTY GROUP LIMITED
Securities
GANGLONG US$150M13.5%N211201 - XS2256723938 - KFXB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Nov-2021 07:19:14
Status
New
Announcement Sub Title
RESULTS OF EXCHANGE OFFER FOR THE 13.5% SENIOR NOTES DUE 2021
Announcement Reference
SG211104OTHRVMJC
Submitted By (Co./ Ind. Name)
GANGLONG CHINA PROPERTY GROUP LIMITED
Designation
IR Department
Description (Please provide a detailed description of the event in the box below)
Reference is made to the announcements of the Company dated 26 October 2021 (the Announcement ), in relation to the Exchange Offer and the Concurrent New Money Issuance. Unless otherwise defined, capitalized terms in this announcement will have the same meaning as those defined in the Announcement.

The Exchange Offer expired at 4:00 p.m., London time, on 3 November 2021. The Company hereby informs Eligible Holders that, as at the Exchange Expiration Deadline, US$126,700,000 of the Existing Notes, representing approximately 84.47% of the total aggregate principal amount of the outstanding Existing Notes, have been validly tendered for exchange and accepted pursuant to the Exchange Offer.

With respect to the Existing Notes submitted for exchange, subject to the fulfillment or waiver of the conditions precedent to the Exchange Offer, the Company will deliver the Exchange Consideration on the Settlement Date, being 12 November 2021 to Eligible Holders of the Existing Notes validly accepted and exchanged in the Exchange Offer.

The Company will make a further announcement in respect of the final pricing details of the New Notes and the Concurrent New Money Issuance (if any) as soon as practicable after the pricing date.

Attachments

RESULTS OF EXCHANGE OFFER FOR THE SENIOR NOTES DUE 2021.pdf
Total size =104K