26 August, 2019
Davis Polk advised the joint lead managers on a Regulation S offering by Qingdao Jimo District Urban Development Investment Co., Ltd., a company incorporated in the People’s Republic of China with limited liability, of $300 million of 4.90% bonds due 2022.
Qingdao Jimo District Urban Development Investment Co. is a state-owned financing and investment vehicle for urban development and affordable housing projects in Jimo District in Qingdao, Shandong Province of China. The company has three main business segments, namely, affordable housing construction, property development and land transfer.
The Davis Polk corporate team included partners Yang Chu and Gerhard Radtke, registered foreign lawyer Jennifer Liu and associate Edwin Lee. 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.
