Guorui Properties Limited $250 Million High-Yield Notes Offering
3/2/2018

Davis Polk advised the initial purchasers in connection with a $250 million Regulation S only high-yield offering by Glory Land Company Limited of its 10.20% senior notes due 2019. 

Founded in Guangdong, PRC, Glory Land Company Limited, carrying ‎on business in Hong Kong as “Guorui Properties Limited,” is principally engaged in developing residential projects and large-scale mixed-use complex projects in the PRC. 

The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke and Terrence R. O’Donnell and associate Sophia Mao. 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.