Fosun’s Fortune Star and Wealth Driven announce tender results

Chicago, July 2 – Fortune Star (BVI) Ltd. and Wealth Driven Ltd. announced the results of its capped tender offers for four series of notes, according to a joint announcement.

All series of notes are guaranteed by Fosun International Ltd.

As of the expiration time of 11 a.m. ET on July 2, the following amounts were tendered:

• $33,196,000, or 7.94%, of Fortune Star’s $418,135,000 principal amount outstanding of 5 3/8% senior notes (XS1728444131) due 2020, to be purchased at $1,003.5 per $1,000 face amount of notes;

• $89,734,000, or 17.95%, of Fortune Star’s $500 million principal amount outstanding of 6 7/8% senior notes (XS1884682763) due 2021, to be purchased at $1,010.5 per $1,000 face amount of notes;

• $32,675,000, or 6.83%, of Wealth Driven’s $478,684,000 principal amount outstanding of 5½% senior notes (XS1471856424) due 2023, to be purchased at $1,000.5 per $1,000 face amount of notes; and

• $75,242,000, or 5.48%, of Fortune Star’s $1,372,412,000 principal amount outstanding of 5¼% senior notes (XS1581103428) due 2022, to be purchased at $988.5 per $1,000 face amount of notes.

The company announced that it will accept up to $600 million of the 2020 notes, $566,804,000 of the 2021 notes, $477,070,000 of the 2023 notes and $444,395,000 of the 2022 notes. All notes tendered will be accepted for purchase.

After canceling the notes, $384,939,000 of the 2020 notes, $410,266,000 of the 2021 notes, $446,009,000 of the 2023 notes and $1,297,170,000 of the 2022 notes will remain outstanding.

Interest will be paid on all series of notes to the settlement date.

Settlement is expected for July 6.

Credit Suisse (Hong Kong) Ltd. (+852 2101 6000) and Deutsche Bank (+852 2503 8888) are working as the dealer managers.

D.F. King (+44 20 7920 9700, +852 3953 7208, fosun@dfkingltd.com, https://sites.dfkingltd.com/Fosun) is acting as the information and tender agent.

Fosun is a Shanghai-based conglomerate.

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