We advised the placing agent on the high-yield private placement

Davis Polk advised the placing agent in connection with a $50 million Regulation S offering by Kangda International Environmental Company Limited of its 8.0% senior notes due 2029.

Kangda International Environmental Company Limited is a comprehensive urban environmental service company focused on wastewater treatment facility investment, construction and operation. The issuer is one of the earliest entrants in the wastewater treatment industry in the PRC.

The Davis Polk corporate team included partner James C. Lin, counsel Bingqing Pan and registered foreign lawyer Anlei Zuo. All members of the Davis Polk team are based in the Hong Kong office.