Davis Polk advised the initial purchasers in connection with a $250 million Regulation S offering of 13.5% senior notes due 2020 by Redco Properties Group Limited.
Redco Properties is an integrated residential and commercial property developer focusing on residential property development in selected major cities in the PRC. The company is listed on the Hong Kong Stock Exchange.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Margie Chan, associate Tracy Wu and registered foreign lawyers Xin (Sheen) Xu and Andrea Feuer. Counsel Alon Gurfinkel and associate Veronica Davis provided tax advice. Season Fan was the legal assistant on the transaction. Members of the Davis Polk team are based in the Hong Kong and London offices.