CIFI Holdings (Group) Co. Ltd. $285 Million High-Yield Notes Private Placement
Davis Polk advised the placement agents in connection with a $285 million Regulation S private placement by CIFI Holdings (Group) Co. Ltd. of its 5.5% senior notes due 2022.
Established in 2000 and headquartered in Shanghai, CIFI Holdings (Group) Co. Ltd. is engaged in the property development and property investment business in China. It has achieved a nationwide geographic coverage and a strong presence in first-tier and second-tier cities with high growth potential in China.
The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke and registered foreign lawyer Xuelin (Steve) Wang. Counsel Alon Gurfinkel and associate Kelli A. Rivers provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London.