| Issuer: Redco Properties Group Limited (1622.HK, the "Company") | | |
| Issue: Fixed rate senior sustainability notes (the “Notes”) | | |
| Subsidiary Guarantors: Certain of the Company’s Restricted Subsidiaries | | |
| incorporated outside the PRC | | |
| Security: Capital stock of all of the initial Subsidiary | | |
| Guarantors | | |
| Issuer Ratings: B Stable (S&P) / B+ Stable (Fitch) / BB- Stable | | |
| (Lianhe) | | |
| Expected Issue Ratings: B+ (Fitch) / BB- (Lianhe) | | |
| Optional Redemption: At 101% at the option of the Issuer, following the | | |
| occurrence of NDRC registration | | |
| Format: Reg S only; Registered form (Category 1) | | |
| Currency & Size: USD TBD | | |
| Tenor: 364-day | | |
| Initial Price Guidance: 10.00% Area | | |
| Use of Proceeds: To refinance certain of the existing medium-to long- | | |
| term offshore indebtedness which will become due within | | |
| one year and in accordance with Sustainable Finance | | |
| Framework | | |
| Covenants: Customary high yield covenants | | |
| Clearing: Euroclear/Clearstream | | |
| Settlement Date: April 14, 2021 (T+5) | | |
| Terms: US$200k/ US$1k denoms, SGX-ST listing, New York Law | | |
| JGCs : Credit Suisse (B&D) and Standard Chartered Bank | | |
| Sustainability | | |
| Structuring Advisors: Credit Suisse (B&D) and Standard Chartered Bank | | |
| JBRs & JLMS: Credit Suisse (B&D), Standard Chartered Bank, | | |
| Barclays*, BNP PARIBAS**, Deutsche Bank, Haitong | | |
| International, HeungKong Financial and UBS*** | | |