On March 30, 2011, US$ 350 million 12.75% Senior Notes due 2016 of KWG Property Holding Ltd (1813. HK) were successfully listed on the Singapore Stock Exchange. The raised fund will be used for the development of existing and new increased real estate projects. The notes were ranked B+ and B1 respectively by Moody's and Standard& Poor's. Citibank, HSBC Bank, Standard Chartered Bank acted as the notes' joint Bookrunner.

Jingtian& Gongcheng represented the issuer in the bond issue.