CCLAND 5.200% 20Sep2025 Corp (USD)

Bond Factsheet

Matured/ Called

Perfect Point Ventures Limited

Indicative

Full Lot

Bid Price

97.650

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

98.600

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 19 Sep 2025, 12:00am

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Bond Information

Perfect Point Ventures Limited operates as a real estate developer. The Company develops residential areas, commercial projects, and other projects. Perfect Point Ventures conducts businesses in China.

Bond Issuer

Perfect Point Ventures Limited

Guarantor

C C Land Holdings Limited

Announcement Date

14 Sep 2021

Issue Date

20 Sep 2021

Maturity Date

20 Sep 2025

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.200

Coupon Type

Fixed

Annual Coupon Rate

5.200

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS2380365424

CUSIP

BR4357686

Bond Currency

USD

Total Issue Size

300,000,000

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)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Issuer Call

The Issuer may, at any time during the period:

(i) from (and including) 20 September 2023 to (but excluding) 20 September 2024, redeem the Notes, in whole, but not in part, at 102% of their principal amount, together with interest accrued to the date fixed for redemption;

(ii) from (and including) 20 September 2024 to (but excluding) the Maturity Date, redeem the Notes, in whole, but not in part, at 101% their principal amount, together with interest accrued to the date fixed for redemption,

in each case, on giving not less than 30 days’ nor more than 60 days’ notice to the Noteholders, the Registrar and the Fiscal Agent (which shall be irrevocable).

Change Control Put

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

In this Condition 5(c) (Redemption for Change of Control):

a ‘‘Change of Control’’ occurs when

(i) the Controlling Shareholder ceases to hold, directly or indirectly, at least 50 per cent. of the voting rights of the issued share capital of the Guarantor;

(ii) the Controlling Shareholder ceases to be the largest single shareholder of the Guarantor; or

(iii) any Person or Persons, other than the Controlling Shareholder, acting together acquires Control of the Guarantor if such Person or Persons does not or do not have, and would not be deemed to have, Control of the Guarantor on the Issue Date; or

(iv) the Guarantor consolidates with or merges into or sells or transfers all or substantially all of its assets to any other Person, unless the consolidation, merger, sale or transfer will not result in the other Person or Persons acquiring Control over the Guarantor or the successor entity.

‘‘Control’’ means the acquisition or control of more than 50 per cent. of the voting rights of the issued share capital of the Guarantor or the right to appoint and/or remove all or the majority of the members of the Guarantor’s board of directors or other governing body, whether obtained directly or indirectly, and whether obtained by ownership of share capital, the possession of voting rights, contract or otherwise and the terms ‘‘Controlling’’ and

‘‘Controlled’’ shall have meanings correlative to the foregoing.

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