E-House (China) Enterprise Holdings Limited announced that On 10 October 2019, the Company, the Subsidiary Guarantors and the Initial Purchasers entered into the Purchase Agreement in relation to the issue of $200 million 7.625% senior notes due 2022. The gross proceeds of the Notes Issue, before deducting underwriting discounts and other estimated expenses, will amount to approximately $196.7 million. The Company currently intends to use the net proceeds of the Notes Issue primarily for general corporate purposes and refinancing existing indebtedness. The Company may adjust the foregoing plans in response to changing market conditions, and thus, reallocate the use of proceeds in the future. The Company will seek a listing of the Notes on the SEHK. A confirmation of the eligibility for the listing of the Notes has been received from the SEHK for the listing of the Notes by way of debt issues to professional investors only as described in the offering memorandum. The SEHK assumes no responsibility for the correctness of any of the statements made or opinions expressed or reports contained herein. Admission to the SEHK and quotation of the Notes on the SEHK is not to be taken as an indication of the merits of the Company, its subsidiaries and associated companies or the Notes. Closing of the Purchase Agreement and the Notes Issue is, subject to fulfilment of certain conditions, expected to take place on or about 18 October 2019.