Davis Polk advised the deal manager of Panda Green Energy Group Limited’s offering to exchange its outstanding 8.25% senior notes due 2020 for the issuance of approximately $112.3 million of 8.0% senior notes due 2022.
Panda Green Energy Group Limited (formerly known as United Photovoltaics Group Limited) is principally engaged in development, operation and management of renewable energy power plants in China.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Bingqing Pan, associates Hei Tung Cheng and Vivian Chow and registered foreign lawyer Moran Zhang. The tax team included counsel Alon Gurfinkel and associate Omer Harel. Members of the Davis Polk team are based in the Hong Kong and London offices.