We advised CK Hutchison Holdings on its Rule 144A / Regulation S notes offering

Davis Polk advised CK Hutchison International (24) Limited as issuer and CK Hutchison Holdings Limited (CKHH) as guarantor in connection with their dual-tranche $2 billion aggregate principal amount notes offering, which comprises $1 billion of 5.375% guaranteed green notes due 2029 and $1 billion of 5.500% notes due 2034. CKHH intends to allocate the net proceeds of the sale of the green notes or the equivalent amount to one or more eligible projects as referred to in accordance with CKHH’s sustainable finance framework. 

CKHH is a Hong Kong-based multinational conglomerate that operates four core business divisions in about 50 countries, including ports and related services; retail; infrastructure and telecommunications; and finance and investments and other operations. Its investments and operations span Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada and the United States. 

The Davis Polk corporate team included partners James C. Lin and Gerhard Radtke, counsel Bingqing Pan and registered foreign lawyer Sean Su. The tax team included counsel Alon Gurfinkel and associates Kelli A. Rivers and Ya Sheng Li. Counsel Sarah E. Kim and associate Victoria Glass provided Investment Company Act advice. Members of the Davis Polk team are based in the Hong Kong, New York and London offices.

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