China Aoyuan Group Limited $275 Million High-Yield Senior Notes Offering

Davis Polk advised the initial purchasers in connection with a $275 million Regulation S only high-yield offering by China Aoyuan Group Limited of its 7.95% senior notes due 2021 to be consolidated and form a single series with the $225 million 7.95% senior notes due 2021 issued on September 7, 2018.

China Aoyuan is a property developer in the Guangdong province in China and has been developing residential projects for more than 15 years.

The Davis Polk corporate team included partners William F. Barron and Gerhard Radtke, counsel Margie Chan and registered foreign lawyer Jennifer Liu. All members of the Davis Polk team are based in the Hong Kong office.