Davis Polk advised the initial purchasers in connection with an $800 million Regulation S offering by Shimao Property Holdings Limited of its 8.375% senior high-yield notes due 2022.    

Shimao is a large-scale developer and owner of high-quality real estate projects in China. It specializes in developing mid- to high-end residential, retail and office properties for sale and prime and well-located hotel, retail and office properties for long-term investment.

The Davis Polk corporate team included partner William F. Barron, registered foreign lawyer-counsel Gerhard Radtke, associate Shih-Jern Liang, registered foreign lawyers Bingqing Pan and Kevin Zhang. Partner John D. Paton and counsel Alon Gurfinkel provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.