The high-yield notes are due 2028

Davis Polk advised the joint lead managers in connection with the issue of $300 million of senior notes due 2028 by Seazen Group Limited.

Davis Polk also advised the dealer managers in connection with the offer by Seazen Group Limited to purchase for cash its outstanding 4.45% senior notes due 2025 and in connection with the offer by New Metro Global Limited to purchase for cash its outstanding 4.625% senior notes due 2025.

Seazen Group Limited is a leading property developer in the Yangtze River Delta in China, focusing primarily on the development of quality residential properties and mixed-use complex projects.

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