JIAYUA 11.000% 17Feb2024 Corp (USD)

Bond Factsheet

Trading without Accrued Interest

Jiayuan International Group Limited

Indicative

Full Lot

Bid Price

0.037

Change in Bid Price

remove 0.013

Bid Yield (%)

Change in Bid Yield

Ask Price

0.792

Change in Ask Price

remove 0.092

Ask Yield (%)

Change in Ask Yield

Indicative price as of 16 Oct 2026, 3:56pm

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Bond Information

Jiayuan International Group Ltd is a property developer. The Company develops large-scale residential and integrated commercial buildings.

Bond Issuer

Jiayuan International Group Limited

Guarantor

Subsidiaries

Announcement Date

11 May 2021

Issue Date

17 May 2021

Maturity Date

17 Feb 2024

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

96.638

Issue / Reoffer Yield

12.500

Coupon Type

Fixed

Annual Coupon Rate

11.000

Coupon Frequency

Semi Annually

Seniority

First Lien

Reference Rate

Accrued Interest

Trading without

ISIN

XS2333154867

CUSIP

BP4819440

Bond Currency

USD

Total Issue Size

230,000,000

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)

***/ W.R

Bond Credit Rating (S&P/ Fitch)

***/ W.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Issuer Call

At any time and from time to time on or after May 17, 2023, the Company may, at its option, redeem the Notes, in whole or in part, at a redemption price equal to 102.5% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the redemption date.

Make Whole Call

At any time prior to May 17, 2023, the Company may, at its option, redeem the Notes, in whole but not in part, at a redemption price equal to 100% of the principal amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest, if any, to (but not including) the redemption date. Neither the Trustee nor the Paying Agent is responsible for calculating or verifying the Applicable Premium.

‘‘Applicable Premium’’ means with respect to any Note at any redemption date, the greater of (1) 1.00% of the principal amount of such Note and (2) the excess of (A) the present value at such redemption date of (x) the redemption price of such Note on May 17, 2023 (such redemption price being set forth in the first paragraph under the caption ‘‘Optional Redemption’’), plus (y) all required remaining scheduled interest payments due on such Note through May 17, 2023 (but excluding accrued and unpaid interest to the redemption date), computed using a discount rate equal to the Adjusted Treasury Rate plus 100 basis points, over (B) the principal amount of such Note on such redemption date.

Change Control Put

Not later than 30 days following a Change of Control Triggering Event, the Company will make an Offer to Purchase all outstanding Notes (a ‘‘Change of Control Offer’’) at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to but excluding the Offer to Purchase Payment Date (subject to the right of Holders of record on the applicable Record Date to receive interest due on the relevant Interest Payment Date falling on or prior to the Offer to Purchase Payment Date).

‘‘Change of Control’’ means the occurrence of one or more of the following events:

(1) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the properties or assets of the Company and its Restricted Subsidiaries, taken as a whole, to any ‘‘person’’ (within the meaning of Section 13(d) of the U.S. Securities Exchange Act of 1934, as amended (the ‘‘Exchange Act’’)), other than one or more Permitted Holders;

(2) the Company consolidates with, or merges with or into, any Person (other than one or more Permitted Holders), or any Person consolidates with, or merges with or into, the Company, in any such event pursuant to a transaction in which any of the outstanding Voting Stock of the Company or such other Person is converted into or exchanged for cash, securities or other property, other than any such transaction where the Voting Stock of the Company outstanding immediately prior to such transaction is converted into or exchanged for (or continues as) Voting Stock (other than Disqualified Stock) of the surviving or transferee Person constituting a majority of the outstanding shares of Voting Stock of such surviving or transferee Person (immediately after giving effect to such issuance) and in substantially the same proportion as before the transaction;

(3) the Permitted Holders are the beneficial owners of less than 50.1% of the total voting power of the Voting Stock of the Company;

(4) individuals who on the Original Issue Date constituted the Board of Directors of the Company (together with any new directors whose election to the Board of Directors was approved by a vote of a majority of the directors then still in office who were either directors on the Original Issue Date or whose election was previously so approved) cease for any reason to constitute a majority of the Board of Directors of the Company then in office; or (5) the adoption of a plan relating to the liquidation or dissolution of the Company.

‘‘Change of Control Triggering Event’’ means the occurrence of both a Change of Control and a Rating Decline.

Cessation Put

Not later than 30 days following a Delisting Event, the Company or a Surviving Person will make a Delisting Offer to Purchase all outstanding Notes (a ‘‘Delisting Offer’’) at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to but excluding the Delisting Put Date (subject to the right of Holders of record on the applicable Record Date to receive interest due on the relevant Interest Payment Date falling on or prior to the Delisting Put Date).

‘‘Delisting Event’’ means the occurrence of the Common Stock of the Company or a Surviving Person which both (a) ceases to be listed or admitted to trading, or has been suspended from trading for a period equal to or exceeding 120 consecutive Trading Days or more, on the Hong Kong Stock Exchange and (b) is not listed or admitted to trading, or has been suspended from trading for a period equal to or exceeding 120 consecutive Trading Days or more, on any Alternative Stock Exchange (whether as a result of a permanent suspension from trading of such Common Stock on the Hong Kong Stock Exchange or an Alternative Stock Exchange, or otherwise).

Equity Call

At any time and from time to time prior to May 17, 2023, the Company may, at its option, redeem up to 35% of the aggregate principal amount of the Notes with the Net Cash Proceeds of one or more sales of Common Stock of the Company in an Equity Offering at a redemption price of 111.0% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the redemption date; provided that at least 65% of the aggregate principal amount of the Notes originally issued on the Original Issue Date (including the aggregate principal amount of any Additional Notes on the date on which such Additional Notes were issued) remains outstanding after each such redemption and any such redemption takes place within 60 days after the closing of the related Equity Offering.

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