Xinyuan Real Estate may hold exchange offer for 2023, 2024 notes

By Wendy Van Sickle

Columbus, Ohio, June 8 – China’s Xinyuan Real Estate Co., Ltd. may hold an exchange offer for its $262.7 million outstanding 14% senior notes due 2024 (ISIN: XS2290806954) and its $257.83 million outstanding 14½% senior notes due 2023 (ISIN: XS2176792658), according to a notice.

The company said it will send the relevant exchange terms to holders who have signed a confidentiality agreement.

The Beijing-based real estate developer operates primarily in China but recently also in other countries.

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