6 November 2020
MoFo advised Ease Trade Global Limited, a wholly-owned subsidiary of Poly Property Group Co., Limited (HK. 119) (“Poly Property”), in its issuance of US$500 million 4.00% Guaranteed Notes due 2025 (the “Notes”). The Notes are guaranteed by Poly Property and supported by a keepwell deed executed by China Poly Group Corporation Limited (“Poly Group”).
Poly Property Group is one of the foremost property developers in China and is the real estate offshore listed flagship of Poly Group (a state-owned enterprise). Its major businesses include property development, investment, and management. Poly Property develops residential and commercial properties in the most active areas in terms of economic development in China, including Yangtze River Delta, Pearl River Delta, Southwestern region, other regions, and Hong Kong.
The deal team was led by Hong Kong corporate partners Vivian Yiu and Ke Huang, and included Hong Kong corporate associates Victoria Yip, Bill Chan, and Rina Charles.
For further information, please contact:
Vivian Yiu, Partner, Deacons
vyiu@mofo.com
