24 August, 2020
Davis Polk advised the joint lead managers in connection with a $50 million Regulation S offering by Shuifa International Holdings (BVI) Co., Ltd of its 4.300% guaranteed bonds due 2023 to be consolidated and form a single series with $350 million 4.300% guaranteed bonds due 2023 issued on May 8, 2020 on the Fungible Date as defined in a Supplemental Trust Deed guaranteed by Shuifa Group Co., Ltd.
Shuifa Group Co., Ltd. is a leading state-owned conglomerate that focuses on the provision of comprehensive water-related services and solutions, ranging from hydraulic engineering construction, water supply and wastewater treatment to clean energy.
The Davis Polk corporate team included partners Gerhard Radtke and Yang Chu, and counsel Bingqing Pan. 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.
