(April 30, 2018 – Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, is pleased to announce that the Company has secured a three-year club loan agreement of approximately HKD2.5 billion, with Nanyang Commercial Bank, Hang Seng Bank, China Minsheng Banking Corporation Hong Kong Branch, Wing Lung Bank and Industrial and Commercial Bank of China (Asia).

The club loan will bear an interest rate of HIBOR plus 3.95% per annum. Most proceeds will be used for refinancing the existing debt and the remaining funds will be used for general working capital. 

For more details, please refer to the Hong Kong Stock Exchange's website:

14 March 2018: Disclosure pursuant to Rule 13.18 of the Listing Rules

30 April 2018: Disclosure pursuant to Rule 13.18 of the Listing Rules