Davis Polk advised the initial purchasers of a Regulation S offering of high-yield notes by Evergrande Real Estate Group Limited of $300 million aggregate principal amount of its 8.0% senior notes due 2019.

Evergrande Real Estate Group Limited, listed on the Hong Kong Stock Exchange, is one of the largest developers of residential property projects in different cities across China. Founded in Guangzhou, Guangdong Province in 1996, it has become a leading national property developer in China through its economies of scale and widely recognized brand name.

The Davis Polk corporate team was led by partner William F. Barron and included counsel Margie Chan, associate Kai Sun and registered foreign lawyer Ying Su. The tax team included counsel Alon Gurfinkel and associate Omer Harel. Members of the Davis Polk team are based in the Hong Kong and London offices.