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Summary of the Bond Offering:
| ISSUER |
Xinhua Finance Limited |
| THE NOTES |
US$100,000,000 principal amount of 10.0% Senior Guaranteed Notes due 2011 |
| LISTING |
SGX-ST |
| CREDIT RATINGS |
B (Standard & Poor's); B2 (Moody's) |
| OFFERING PRICE |
99.041% of the principal |
| INTEREST |
Bear interest from and including Nov 21, 2006 at the rate of 10.0% per annum, payable semi-annually in arrear |
| INTEREST PAYMENT DATES |
May 21 and Nov 21 of each year, commencing May 21, 2007 |
| TRUSTEE |
The Bank of New York |
Consent Solicitation Related to Outstanding US$100 million 10% Senior Guaranteed Notes due 2011
On May 26th, Xinhua Finance Limited announced that it has commenced a consent solicitation (the "Consent Solicitation") relating to its outstanding US$100,000,000 10% Senior Guaranteed Notes due 2011, ISIN: XS0275685641 and Common Code: 027568564 (the "Senior Notes"). The Consent Solicitation will expire at 3:00 p.m., London time, on June 9, 2008, unless extended (such date, as it may be extended, the "Expiration Date"). To read the full press release, please click here. If you are a bondholder, please contact our Solicitation Agent for more details:
SOLICITATION AGENT
ABN AMRO Bank N.V.
One Raffles Quay
South Tower, Level 21
Singapore 048583
Tel: +65 6518 8618
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