Davis Polk advised the initial purchasers in connection with a $200 million 13.5% Regulation S additional guaranteed senior notes offering by Redsun Properties Group Limited. The additional notes are guaranteed by Redsun Properties Investment (Holdings) Limited and Hong Yang Properties Investment Limited as the subsidiary guarantors. The additional notes are consolidated and form a single class with the $180 million 13.5% guaranteed senior notes due 2020 issued on December 3, 2018.

Redsun Properties Group Limited is an integrated residential and commercial property developer primarily focusing on property development in the Yangtze River Delta Region, particularly the Jiangsu Province, in the PRC.

The Davis Polk corporate team included partners William F. Barron and Gerhard Radtke and counsel Margie Chan. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.

Copy link to share post