Davis Polk advised the sole global coordinator, sole lead manager, sole bookrunner and initial purchaser in connection with a $295 million Regulation S only high-yield tap offering by Glory Land Company Limited of its 13.5% senior notes due 2022.

Founded in Guangdong Province, China, 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 Gerhard Radtke, counsel Terrence R. O’Donnell and associate Hei Tung Cheng. Counsel Alon Gurfinkel provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.