RE IV Limited successfully closes the order book for new bonds of SEK 600,000,000

NOT FOR DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SOUTH AFRICA OR NEW ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL

Hong Kong 18 November 2020: RE IV Limited (the "Company") has successfully closed the order book for senior secured bonds with ISIN SE0015195847 in an amount of SEK 600,000,000 under a framework of up to SEK 1,500,000,000. The offer was well received and the bond issue was oversubscribed. The first issue date is expected to be 27 November 2020 and the bonds will be due in November 2023 and carry a fixed interest rate of 8.00 per cent. The Company intends to list the bonds on Nasdaq Stockholm.

The proceeds from the transaction will be used to finance the Company's investments (including, for the avoidance of doubt, property development) in accordance with the Company's green bond framework, hedging costs and transaction costs.Pareto Securities AB and Skandinaviska Enskilda Banken AB (publ) have acted as financial advisors and joint bookrunners in connection with the bond issue.

This information is information that the Company is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact person set out above, at 16:30 CET on 18 November 2020

For further information, please contact:

Karen Xu, Head of Investor Relations

Tel: +86 158 2156 4358
Email: karen.xu@wprei.com

About White Peak

White Peak is a residential developer benefiting from the continuous and rapid urbanisation in China, targeting the growing middle-income class in underserved large cities (population of 5-10 million). Limited partners of the Fund are some of the largest Swedish national pension funds. The company has a full in-house development platform and 410 employees. White Peak is headquartered in Beijing and has a main focus on residential development in the Shandong, Hebei and Liaoning Provinces (with a total population of c. 250 million).