Hong Kong - Zhenro Properties Group Limited $300 Million High-Yield Notes Offering.
Legal News & Analysis - Asia Pacific - Hong Kong - Capital Markets
Davis Polk advised the initial purchasers in connection with a Regulation S offering by Zhenro Properties Group Limited of $300 million 9.15% senior notes due 2023.
Zhenro Properties Group Limited is a property developer that focuses on the development of residential properties and the development, operation and management of commercial and mixed-use properties in China. Zhenro Properties Group Limited is listed on the Hong Kong Stock Exchange.
The Davis Polk corporate team included partner Gerhard Radtke, counsel - registered foreign lawyer Xuelin (Steve) Wang and counsel Bingqing Pan, and registered foreign lawyer Moran Zhang. Counsel Alon Gurfinkel provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.