Fosun International Limited $600 Million Notes Reopening Offering

Davis Polk advised the initial purchasers in connection with a $600 million 5.25% Regulation S additional senior notes offering by Fortune Star (BVI) Limited, a wholly owned subsidiary of Fosun International Limited. The additional notes are guaranteed by Fosun International Limited. The additional notes are consolidated and form a single series with the $800 million 5.25% senior notes due 2022 issued on March 23, 2017.

Fosun International Limited is an investment group taking roots in China with a global foothold and a selected portfolio of businesses benefiting from China’s growth momentum. Its operation principally consists of seven business segments: (i) insurance, (ii) investment, (iii) wealth management and innovative finance, (iv) health, (v) happiness, (vi) property development and sales and (vii) resources. It also invests in a number of listed and unlisted companies, such as Cirque du Soleil, IDERA, Forte, Yuyuan, Focus Media, Club Med, Folli Follie, Bona Film Iron Shore and Minsheng Bank.

The Davis Polk corporate team included partner William F. Barron, counsel Margie Chan and associate Bingqing Pan. Counsel Alon Gurfinkel and associate Kelli A. Rivers provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.