31 March 2021
Davis Polk is advised Zhejiang Expressway Co., Ltd. in connection with its Regulation S offering of €230 million zero coupon H Share convertible bonds due 2026.
Zhejiang Expressway is an infrastructure company principally engaged in investing in, developing and operating high-grade roads in the PRC. Its shares are dual-listed on the main board of The Stock Exchange of Hong Kong Limited and the London Stock Exchange.
The Davis Polk team included partner Yang Chu, counsel Kai Sun and associate Lydia Leung. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.