Davis Polk advised the initial purchasers in connection with the Regulation S offering by Yanlord Land (HK) Co., Limited of its $350 million 6.75% senior notes due 2023, which are guaranteed by Yanlord Land Group Limited. The offering was Yanlord’s sixth offering of non-convertible debt securities and third offering of U.S. dollar-denominated securities. 

Yanlord is a PRC-based real estate developer that focuses on developing fully-fitted residential properties and high-quality commercial and integrated properties in prime locations, within strategically-selected, key-established top-tier cities across six major economic regions in the PRC.

The Davis Polk team included partner William F. Barron, counsel Faisal Baloch and registered foreign lawyer Richard Corbett. The tax team included counsel Alon Gurfinkel and associate Veronica Orecharova. Members of the Davis Polk team are based in the Hong Kong and London offices.