Redsun Properties Group Limited announced 13% senior notes due 2021 in the aggregate principal amount of USD 100 million issued by the Company and the listing thereof on The Stock Exchange of Hong Kong Limited. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Formal Notice. The repurchased October 2019 Notes will be cancelled in accordance with its terms and indenture. After cancellation of the repurchased October 2019 Notes, the outstanding aggregate principal amount of the October 2019 Notes will be US$97 million. The Company will continue to monitor market conditions and its financial structure and may further repurchase its senior notes as and when appropriate.