On 18 January 2021, Xinyuan Real Estate Co., Ltd. (XIN.NYSE) successfully completed US$170m 14% 3NP2 senior notes offering. Admiralty Harbour acted as Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for the transaction.
Though the market was seeing fluctuation due to single credit names in the geographic and industrial sectors where the Company operates in, Xinyuan still got the new issuance done at the beginning of 2021. Since the first cooperation in September 2020, Admiralty Harbour has assisted the Company in various offshore capital markets activities. We also helped arrange several non-deal roadshows before the launch of the transaction, securing cornerstone orders and laying the foundation for the success of the transaction. Congratulations to Xinyuan!