General Announcement::EXCHANGE OFFER FOR THE OUTSTANDING 6.875% SENIOR NOTES DUE 2019 AND PROPOSED ISSUE OF NEW NOTES

Issuer & Securities

Issuer/ Manager
MODERN LAND (CHINA) CO., LIMITED
Securities
MODERNLANDUS$350M6.875%N191020 - XS1494003624 - 60GB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Apr-2019 08:43:36
Status
New
Announcement Sub Title
EXCHANGE OFFER FOR THE OUTSTANDING 6.875% SENIOR NOTES DUE 2019 AND PROPOSED ISSUE OF NEW NOTES
Announcement Reference
SG190409OTHRYFBG
Submitted By (Co./ Ind. Name)
Modern Land (China) Co., Limited / Zhang Peng
Designation
Director
Description (Please provide a detailed description of the event in the box below)
On 9 April 2019, the Company commenced the Exchange Offer with respect to the Existing Notes held by non-U.S. persons outside the United States. The Exchange Offer is being made upon the terms and subject to the conditions set forth in the Exchange Offer Memorandum.

The Company is conducting a separate Concurrent New Money Issuance. Upon issuance, any additional New Notes sold in the Concurrent New Money Issuance will be on the same terms and form a single series with the corresponding New Notes issued under the Exchange Offer. Completion of the Concurrent New Money Issuance is subject to market conditions. The Concurrent New Money Issuance is being conducted for refinancing, among others, the Existing Notes and to finance acquisitions or development of assets, real or personal property or equipment to be used in the ordinary course of business and for general corporate purposes.

Attachments

Modern Land - Launch announcement SGX-242060198-v5.pdf
Total size =408K