25 January, 2017
Davis Polk advised the initial purchasers in connection with the Regulation S offering by Yanlord Land (HK) Co., Limited of its $450 million 5.875% senior notes due 2022, which are guaranteed by Yanlord Land Group Limited. The offering was Yanlord’s fifth offering of non-convertible debt securities and second offering of U.S. dollar-denominated securities.
Yanlord is a real estate developer based in the PRC that focuses on developing fully fitted residential properties and high-quality commercial and integrated properties in prime locations within strategically selected established high-growth cities in five major economic regions in the PRC.
The Davis Polk team included partner William F. Barron, counsel Faisal Baloch and registered foreign lawyers Jennifer Liu and Lin Ma. The tax team included counsel Alon Gurfinkel and associate Kelli A. Rivers. Members of the Davis Polk team are based in the Hong Kong and London offices.