(26 November 2015 - 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 redeemed an aggregate principal amount of US$112.5 million 13.875% senior notes due 2017, representing 50% of the total outstanding principal of US$225.0 million at the time of issuance. The redemption was in accordance with the indenture constituting the notes by way of the exercise by the Company of its optional redemption right. The Company adheres to its prudent financial strategy. The redemption of the notes will further optimize the Company’s debt structure and lower its borrowing costs.

For details, please refer to the announcement published on HKEx’s website:
http://www.hkexnews.hk/listedco/listconews/SEHK/2015/1125/LTN20151125169.pdf

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