Davis Polk advised the joint lead managers and joint bookrunners in connection with an issuance of $500 million Regulation S offering by Yancoal International Resources Development Co., Limited of its 3.500% senior guaranteed bonds due in 2023 guaranteed by Yanzhou Coal Mining Company Limited. Davis Polk advised the joint bookrunners as to English law.

Yanzhou Coal Mining Company Limited is an international integrated energy group and one of the largest coal producers in China and leading pure-coal producer in Australia, primarily engaging in the mining, washing, processing and distribution of a wide variety of coal products including thermal coal, semi-hard coking coal, semisoft coking coal, PCI coal and other mixed coal products which are sold to power plants, metallurgical mills, chemical manufacturers, construction material manufacturers and fuel trading companies in China and other countries, including Japan and South Korea.

The Davis Polk corporate team included partners Gerhard Radtke and Yang Chu, counsel Bingqing Pan, associate Vivian Chow and registered foreign lawyers Marcus Tan and Eva Xu. All members of the Davis Polk team are based in the Hong Kong office.