Xinyuan Real Estate reaches exchange agreement with bondholders -statement

Xinyuan Real Estate Co

15/10/2021 08:24

SHANGHAI, Oct 15 (Reuters) - Developer Xinyuan Real Estate
Co  XIN.N  said Friday that it had reached an exchange agreement
with bondholders on its $229 million notes maturing Oct. 15.
    Xinyuan would deliver new bonds worth $205.4 million and
$19.1 million cash to eligible bondholders on the settlement
date, it said in a Singapore Exchange filing.

    

 (Reporting by Andrew Galbraith; editing by John Stonestreet)
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