Davis Polk advised the joint lead managers in connection with the Regulation S offering by China Railway Construction Corporation Limited of $500 million zero coupon H Share convertible bonds due 2021.

China Railway Construction Corporation Limited is one of the largest global construction companies with its shares dual listed on the main board of The Stock Exchange of Hong Kong Limited and the main board of the Shanghai Stock Exchange. The group provides a full range of services including construction, survey, design and consultancy for large construction and infrastructure developments, with a particular focus on railways.

The Davis Polk team included partners Paul Chow and James C. Lin, counsel Liang (Alex) Tao, associate Yang Chu and registered foreign lawyer Paul C. Marks. Counsel Alon Gurfinkel and associate Nicholas A. Machen provided tax advice. Members of the Davis Polk team are based in the Hong Kong, Beijing and London offices.