Shearman & Sterling represented Guotai Junan Securities (Hong Kong) Limited and China Galaxy International Securities (Hong Kong) Co., Ltd. as the initial purchasers in connection with DaFa Properties Group Limited’s offering of $100 million 9.95% senior notes due 2022.
DaFa Properties Group Limited is headquartered in Shanghai, China and operates as a real estate developer. The company develops and sells residential properties, office floors and commercial complexes, and offers property management and leasing services in China.
The Shearman & Sterling team was led by partner Alan Yeung (Hong Kong-Capital Markets); associate Yuanjing Chen; and special associate Cathy Qian (both Shanghai-Capital Markets).
DaFa Properties Group Limited’s $100 million Senior Notes Offering
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PRESS RELEASE18 June 2021