We advised the initial purchasers on the Regulation S offering

Davis Polk advised the initial purchasers in connection with a $120 million Regulation S offering by China South City Holdings Limited of its 10.75% senior notes due 2023, to be consolidated and form a single series with the issuer’s $250 million 10.75% senior notes due 2023.

CSC is a developer and operator of large-scale, integrated logistics and trade centers in the PRC. CSC currently has eight projects in different stages of development located in regional economic hubs in Shenzhen, Nanning, Nanchang, Xi’an, Harbin, Zhengzhou, Hefei and Chongqing, China. CSC is listed on the Hong Kong Stock Exchange.

The Davis Polk corporate team included partners Gerhard Radtke and Yang Chu, counsel Bingqing Pan and registered foreign lawyers Jennifer Liu, Marcus Tan and Mendtuvshin (Mendee) Enkhtaivan. 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.