20 August, 2019
Davis Polk advised the initial purchasers in connection with a Regulation S offering by Zhenro Properties Group Limited of $110 million 9.15% senior notes due 2022 (to be consolidated and form a single class with the $200 million 9.15% senior notes due 2022 issued on March 8, 2019).
Zhenro Properties Group Limited is a property developer that focuses on the development of residential properties and the development, operation and management of commercial and mixed-use properties in China. Zhenro Properties Group Limited is listed on the Hong Kong Stock Exchange.
The Davis Polk corporate team included partner Gerhard Radtke, 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.