Davis Polk advised the initial purchasers in connection with a $250 million Regulation S only offering by China South City Holdings Limited (“CSC”) of its 10.750% senior notes due 2023.

Concurrently with the new notes offering, Davis Polk advised the dealer managers in connection with a cash tender offer by CSC for its outstanding $250 million 7.250% senior notes due 2021.

CSC is a developer and operator of large-scale, integrated logistics and trade centers in the PRC. CSC currently has eight projects in different stages of development located in regional economic hubs in Shenzhen, Nanning, Nanchang, Xi’an, Harbin, Zhengzhou, Hefei and Chongqing, China. CSC is listed on the Hong Kong Stock Exchange.

The Davis Polk corporate team included partners Gerhard Radtke and Yang Chu, counsel Bingqing Pan, registered foreign lawyer Jennifer Liu and associate Vincent Ko. Louise Yang was the legal assistant on the transaction. All members of Davis Polk team are based in Hong Kong office.