Davis Polk advised the initial purchasers in connection with a Regulation S offering by Dexin China Holdings Company Limited of its $200 million 9.950% senior notes due 2022.

Concurrently with the notes offering, Davis Polk advised the dealer managers in connection with a cash tender offer up to a certain maximum acceptance amount of Dexin China Holdings Company Limited’s outstanding 12.875% senior notes due 2021.

Dexin China Holdings Company 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. Dexin China Holdings Company Limited 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 lawyers Marcus Tan and Eva Xu and associate Rose Lu. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.

 

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