SOCAM Development $180 million high-yield notes offering
Davis Polk advised the initial purchasers in connection with a $180 million Regulation S offering by SOCAM Development Limited of its 6.25% senior notes due 2022.
SOCAM Development Limited principally engages in property development and investment in mainland China and construction business in Hong Kong and Macau. It has a history of spanning almost 50 years in the construction and real estate sector and has developed and built some of the prominent buildings and landmarks in Hong Kong and the PRC.
The Davis Polk corporate team included partner Gerhard Radtke, counsel-registered foreign lawyer Xuelin (Steve) Wang and associate Jeffrey Chan. The tax team included counsel Alon Gurfinkel and associates Omer Harel and Summer Xia. Members of the Davis Polk team are based in the Hong Kong and London offices.