The coupon rate is one of the lowest among the real estate enterprises in China with the same credit level recently

HONG KONG,CHINA - Media OutReach - 22 March2019 - CIFI Holdings (Group) Co. Ltd. ("CIFI" or the"Group", HKEx stock code: 884), a leading real estate developerengaged in the property development and investment business in the first-,second- and robust third-tier cities in China announced that the Group issuesUS$ 255 million senior notes at a coupon rate of 6.55% with a 5-year maturity. Thecoupon rate is one of the lowest among real estate enterprises in China withthe same credit level recently.

The issue receivedover US$ 625 million subscription and was approximately 2.5 timesover-subscribed, representing a keen market demand for the issue.

StandardChartered Bank is the sole global coordinator, sole bookrunner and sole lead managerof the issue.  

On 15 March2019, Standard & Poor upgraded CIFI's rating from "BB-" to "BB". It isbecause CIFI has significantly improved its diversity and scale in the past twoto three years. The "stable" outlook reflects S&P's expectation that CIFIwill continue to expand its sales scale with controllable leverage.

About CIFI Holdings (Group) Co. Ltd.

Headquartered in Shanghai,CIFI is one of China's top real estate developers. CIFI principally focuses ondeveloping high-quality properties in first-, second- and robust third-tiercities in China. CIFI develops various types of properties, includingresidential flats, office buildings and commercial complexes.

To learn more about theCompany, please visit CIFI's website at: https://www.cifi.com.cn