Davis Polk advised the solicitation agent in connection with a solicitation of consents by Central China Real Estate Limited from the holders of its (i) 8.00% senior notes due 2020, (ii) 6.50% senior notes due 2018, (iii) 8.75% senior notes due 2021, (iv) 6.75% senior notes due 2021 and (v) 6.00% senior notes due 2018 to certain amendments under the indentures governing such notes. The amendments were made to (a) amend certain provisions in the 8.00% senior notes, the 6.50% senior notes and the 8.75% senior notes to bring them into conformity with the terms of the 6.75% notes and the 6.00% senior notes and (b) introduce certain new amendments to the indentures which would provide greater flexibility for the company to pursue additional business opportunities and make investments in accordance with the company’s business plans.

Central China Real Estate Limited, listed on the Hong Kong Stock Exchange, is a residential property developer in Henan, China.

The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke, associate Sophia Mao and registered foreign lawyer Tae-Hun Kim. All members of the Davis Polk team are based in the Hong Kong office.

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