China Water Affairs Group Limited $300 Million High-Yield Notes Offering
2/8/2017

Davis Polk advised the initial purchaser in connection with a $300 million Regulation S offering by China Water Affairs Group Limited of its 5.25% senior notes due 2022.

China Water Affairs Group Limited is the largest publicly-listed water supply companies in China based on volume of water sold for the fiscal years 2015 and 2016. It focuses on the water supply business. China Water Affairs Group Limited is listed on the Hong Kong Stock Exchange.

The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke, associate Bingqing Pan and registered foreign lawyer Sam Huang. Counsel Alon Gurfinkel and associate Veronica Orecharova provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.