Zhenro Properties Group Limited $70 Million High-Yield Notes Offering
Davis Polk advised the initial purchasers in connection with a Regulation S offering by Zhenro Properties Group Limited of $70 million 12.5% senior notes due 2021 (to be consolidated and form a single class with the $280 million 12.5% senior notes due 2021 issued on October 2, 2018).
Zhenro Properties Group 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. Zhenro Properties Group Limited is listed on the Hong Kong Stock Exchange.
The Davis Polk corporate team included partners William F. Barron and Gerhard Radtke, counsel Margie Chan and registered foreign lawyers Xuelin (Steve) Wang and Sihang (Sharon) Zhang. All members of the Davis Polk team are based in the Hong Kong office.