6 October, 2016
Davis Polk advised the joint lead managers in connection with the $250 million Regulation S offering by Shui On Development (Holding) Limited of its 4.375% notes due 2019. The notes are guaranteed by Shui On Land Limited.
Shui On Land Limited is one of the leading property developers in China and the flagship property company of the Shui On Group, with a focus on large-scale city core and integrated property development projects. Shui On Land Limited currently has projects in Shanghai, Wuhan, Chongqing, Foshan and Dalian.
The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke and registered foreign lawyer Tae-Hun Kim. The tax team included counsel Alon Gurfinkel and associate Nicholas A. Machen. Members of the Davis Polk team are based in the Hong Kong and London offices.