Davis Polk advised the initial purchasers in connection with a US$280 million Regulation S only offering by Times Property Holdings Limited of its 11.450% senior notes due 2020.  

Headquartered in Guangzhou, Times Property Holdings Limited is one of the leading property developers in Guangdong Province, focusing on the development of mid-market to high-end residential properties. The company is listed on the Hong Kong Stock Exchange.  

The Davis Polk corporate team included partner William F. Barron, counsel Margie Chan, associates Xuelin (Steve) Wang and Jennifer Liu. The tax team included counsel Alon Gurfinkel and associate Lena X. Qiu. Members of the Davis Polk team are based in the Hong Kong and London offices.