19 April, 2019
Davis Polk advised the joint lead managers and joint bookrunners in connection with a $200 million Regulation S only high-yield offering by Future Land Development Holdings Limited of its 6.15% senior notes due 2023.
Founded in Jiangsu, PRC, Future Land Development Holdings Limited is a leading property developer in the Yangtze River Delta, focusing primarily on the development of residential properties and mixed-use complex projects in the PRC.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Terrence R. O’Donnell, counsel – registered foreign lawyer Xuelin (Steve) Wang and registered foreign lawyer Moran Zhang. Counsel Alon Gurfinkel and associate Veronica Davis provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.
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.
