Hopson Development Holdings $300 million high-yield notes offering
Davis Polk advised the initial purchasers in connection with a $300 million Regulation S offering by Hopson Development Holdings Limited of its 7% high-yield notes due 2024.
Hopson Development Holdings Limited is one of China’s largest property developers as measured by land bank, specializing in developing medium-to-high-end large-scale residential properties, as well as commercial properties. The group is also engaged in property management, property investment and hotel management. Hopson Development Holdings Limited is listed on the Hong Kong Stock Exchange.
The Davis Polk corporate team included partner Gerhard Radtke, counsel Bingqing Pan, registered foreign lawyer Marcus Tan and associate Rose Lu. Counsel Alon Gurfinkel provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.