General Announcement::PARTIAL REPURCHASES OF SENIOR NOTES

Issuer & Securities

Issuer/ Manager
RONSHINE CHINA HOLDINGS LIMITED
Securities
RONSHINE USD300M10.5%N220301 - XS1957481440 - OJYB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
02-Nov-2021 22:13:43
Status
New
Announcement Sub Title
PARTIAL REPURCHASES OF SENIOR NOTES
Announcement Reference
SG211102OTHR1KK9
Submitted By (Co./ Ind. Name)
kou zhanmin
Designation
Director
Effective Date and Time of the event
02/11/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
Reference is made to the following outstanding senior notes issued by the Company (collectively, the Notes ):

(1) 5.25% senior notes due 2021 (ISIN: XS2268326456) (the 2021 Notes );

(2) 5.5% senior notes due 2022 (ISIN: XS2294472548) (the 2022 Notes I ); and

(3) 10.5% senior notes due 2022 (ISIN: XS1957481440) (the 2022 Notes II ).

The board of directors of the Company (the Board ) hereby announces that, during the period from 20 October 2021 to the date of this announcement, the Company has made open market repurchases of part of the Notes in the total principal amount of US$23,450,000 as follows:

Notes Principal amount of Notes being repurchased Aggregate principal amount of Notes originally issued Repurchased Notes as a percentage of the Notes originally issued Cumulative total principal amount of Notes repurchased since issuance Cumulative total repurchased Notes as a percentage of the Notes originally issued
2021 Notes US$7,350,000 US$150,000,000 4.90% US$13,450,000 8.97%
2022 Notes I US$2,500,000 US$200,000,000 1.25% US$2,500,000 1.25%
2022 Notes II US$13,600,000 US$500,000,000 2.72% US$33,600,000 6.72%

Subject to the Board s discretion, the repurchased Notes may or may not be cancelled.

The Company will continue to monitor market conditions and its financial structure and may further repurchase its senior notes as and when appropriate.

Attachments

EW03301ann_SGX.pdf
Total size =87K