SINOCE 6.000% 30Jul2024 Corp (USD)

Bond Factsheet

Trading without Accrued Interest

Sino-Ocean Land Treasure Finance I Ltd

Indicative

Full Lot

Bid Price

8.500

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

9.500

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 19 Feb 2026, 12:00am

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Bond Information

SinoOcean Land Holdings Ltd. operates as a real estate holding company. The Company develops residential, office, and commercial real estate in the northern People's Republic of China.

Bond Issuer

Sino-Ocean Land Treasure Finance I Ltd

Guarantor

Sino-Ocean Group Holding Limited

Announcement Date

18 Jul 2014

Issue Date

30 Jul 2014

Maturity Date

30 Jul 2024

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

98.892

Issue / Reoffer Yield

6.135

Coupon Type

Fixed

Annual Coupon Rate

6.000

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

Accrued Interest

Trading without

ISIN

XS1090864528

CUSIP

EK4034410

Bond Currency

USD

Total Issue Size

700,000,000

Outstanding Issue Size

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate Management and Development

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ W.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Make Whole Call

Trustee and Holders in accordance with Condition 15, the Issuer may at any time and from time to time redeem the Notes, in whole but not in part, at a Make Whole Price as of, and accrued and unpaid interest, if any, to (but excluding) the redemption date (the "Option Redemption Date") specified in the Option Redemption Notice

"Make Whole Price" means, with respect to a Note at any redemption date, the amount calculated by the Quotation Agent that is the greater of (1) the present value of the principal amount of the Notes, assuming a scheduled repayment thereof on the Maturity Date plus all required remaining scheduled interest payments due on a Note through the Maturity Date (but excluding accrued and unpaid interest to the Option Redemption Date), computed using a discount rate equal to the Adjusted Treasury Rate plus 60 basis points, and (2) the principal amount of such Notes;

Change Control Put

At any time following the occurrence of a Put Event, the holder of any Note will have the right, at such holder’s option, to require the Issuer to redeem all, and not some only, of that holder’s Notes on the Put Event Redemption Date at 101 per cent. of their principal amount, together with accrued and unpaid interest to (but excluding) the Put Event Redemption Date.

a "Put Event" will be deemed to occur if:

there is a Change of Control; and
within a period ending six months after the date notice of the Change of Control first becomes public, a Ratings Downgrade occurs,

provided that if at the time of occurrence of the Change of Control, the Notes carry a Non-Investment Grade Rating or no credit rating from any of the Rating Agencies, a Put Event will be deemed to occur upon the occurrence of a Change of Control alone;

"Change of Control" occurs when:

China Life Insurance Company Limited and Nan Fung International Holdings Limited and their respective wholly-owned subsidiaries together cease to maintain an aggregate beneficial shareholding of at least 30 per cent. of the issued shares in the Guarantor;
China Life Insurance Company Limited and its wholly-owned subsidiaries together as a group ceases to be the single largest shareholder of the Guarantor; or
China Life Insurance Company Limited and its wholly-owned subsidiaries together cease to have a nominee director on the board of directors of the Guarantor;

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