The guaranteed convertible bonds are due 2025

Davis Polk advised the joint lead managers in connection with the Regulation S offering by CIFI Holdings (Group) Co. Ltd. of HK$588 million 6.95%. guaranteed convertible bonds due 2025. The notes are consolidated and form a single class with the HK$1.957 billion 6.9%. guaranteed convertible bonds due 2025 issued on April 8, 2022.

Established in 2000 and headquartered in Shanghai, CIFI Holdings (Group) Co. Ltd. is engaged in the property development, property investment and property management business in China. It has achieved a nationwide geographic coverage and a strong presence in first-tier cities and in second- and third-tier cities with high growth potential in China.

The Davis Polk team included partners Gerhard Radtke and Yang Chu, counsel Bingqing Pan, counsel - registered foreign lawyer Jennifer Liu, associate Enoch Wong and registered foreign lawyers Lyuning He and Sean Su. Members of the Davis Polk team are based in the Hong Kong office.