Davis Polk advised Poly Real Estate Finance Ltd, an indirect wholly owned subsidiary of Poly Real Estate Group Co., Ltd. (Poly Real Estate), in connection with its cash tender offer for its outstanding $500 million 4.50% guaranteed bonds due 2018 and $500 million 5.25% guaranteed bonds due 2019.

 

Poly Real Estate is a leading property developer in China and the largest state-owned real estate company in China. Its ordinary shares are listed on the Shanghai Stock Exchange.

 

The Davis Polk corporate team included partner Paul Chow, counsel Liang (Alex) Tao and registered foreign lawyer Jennifer Liu. All members of the Davis Polk team are based in the Hong Kong office.