Davis Polk advised the initial purchasers in connection with a $400 million Regulation S only offering by Jingrui Holdings Limited of its 7.75% senior notes due 2020.

Jingrui, headquartered in Shanghai, is one of the leading regional property developers in the Yangtze River Delta and has operations in 17 cities. According to China Index Academy, Jingrui ranked as one of the top 10 property developers in the Yangtze River Delta region in 2012, 2013 and 2014. Jingrui is listed on The Stock Exchange of Hong Kong Limited.

The Davis Polk corporate team included partner William F. Barron, counsel Margie Chan, registered foreign lawyer Ying Su and associate Justina Lam. Counsel Alon Gurfinkel and associates Veronica Orecharova and Kelli A. Rivers provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.