24 September, 2019
Davis Polk advised the initial purchasers in connection with a $100 million Regulation S only offering by Tahoe Group Global (Co.,) Limited of its 11.25% senior notes due 2020, to be consolidated and form a single class with the $100 million 11.25% senior notes due 2020 issued by Tahoe Group Global (Co.,) Limited on September 13. The notes are guaranteed by Tahoe Group Co, Ltd..
Tahoe Group Global (Co.,) Limited is a property developer that focuses on the development of quality residential and commercial properties in the economically developed areas in China. They operate under a series of brands such as “Courtyard,” “Mansion” and “Garden” series for their core residential real estate products and “Tahoe Plaza” for their core commercial real estate products.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Bingqing Pan, counsel – registered foreign lawyer Xuelin (Steve) Wang, associate Hei Tung Cheng and registered foreign lawyer Yujia (Jennifer) Jiang. Members of the Davis Polk team are based in the Hong Kong office.