Yanlord Land Group Limited $400 Million High-Yield Notes Offering
Davis Polk advised the initial purchasers in connection with the Regulation S offering by Yanlord Land (HK) Co., Limited of its $400 million of 6.80% senior notes due 2024, which are guaranteed by Yanlord Land Group Limited and certain of its subsidiaries.
Yanlord is a PRC-based real estate developer that focuses on developing fully-fitted residential properties and high-quality commercial and integrated properties in prime locations, within strategically-selected, key-established top-tier cities across six major economic regions in the PRC.
The Davis Polk corporate team included partner Gerhard Radtke, counsel-registered foreign lawyer Xuelin (Steve) Wang and registered foreign lawyers Jennifer Liu, I. Danni Lin and Qi Zhang. The tax team included counsel Alon Gurfinkel and associate Summer Xia. Members of the Davis Polk team are based in the Hong Kong and London offices.