7 May, 2019
Davis Polk advised the initial purchasers on the Regulation S offering of high-yield notes by Ronshine China Holdings Limited of $200 million principal amount of 10.5% senior notes due 2022, to be consolidated and form a single class with the $300 million principal amount of 10.5% senior notes due 2022 issued by the Ronshine China Holdings Limited on March 1, 2019.
Ronshine China Holdings Limited, listed on the Hong Kong Stock Exchange (Stock Code: 3301), is a residential property developer in China. It focuses on developing projects in the Western Taiwan Straits Economic Zone, Yangtze River Delta regions, the Middle Reaches Region of the Yangtze River, the Guangdong Hong Kong-Macau Greater Bay Area, Beijing-Tianjin-Hebei Region, Central China Region, Chengdu-Chongqing Region and Northwestern cities.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Yang Chu and registered foreign lawyer Moran Zhang. All members of the Davis Polk team are based in the Hong Kong office.