14 June, 2019
Davis Polk advised the initial purchasers on the Regulation S offering of high-yield notes by Ronshine China Holdings Limited of $235 million principal amount of 8.75% senior notes due 2022, to be consolidated and form a single class with the $200 million principal amount of 8.75% senior notes due 2022 issued by Ronshine China Holdings Limited on April 25, 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, registered foreign lawyers Jennifer Liu and Moran Zhang. All members of the Davis Polk team are based in the Hong Kong office.
The announcement above is not offer for sale of securities in the United States. The securities referred to herein (the "Securities") have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. The issuer of the Securities does not intend to register any part of the offering in the United States or to conduct a public offering of the Securities in the United States.
