8 January, 2020
Davis Polk advised the initial purchasers in connection with a $38.27 million Regulation S only offering by Tahoe Group Global (Co.,) Limited of its 11.0% senior notes due 2020, to be consolidated and form a single class with the $110.5 million 11.0% senior notes due 2020 issued by Tahoe Group Global (Co.,) Limited on December 12, 2019. 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, associate Hei Tung Cheng and registered foreign lawyer Jennifer (Yujia) Jiang. All members of the Davis Polk team are based in the Hong Kong office.
The announcement above is not offer for sale of securities in the United States. The securities referred to herein (the "Securities") have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. The issuer of the Securities does not intend to register any part of the offering in the United States or to conduct a public offering of the Securities in the United States.
