Davis Polk advised the initial purchasers in connection with a Regulation S offering of $120 million 9.875% senior notes due 2023 by Fantasia Holdings Group Co., Limited, to be consolidated and form a single series with the existing $200 million 9.875% guaranteed senior notes due 2023 issued on October 19, 2020.

Fantasia Holdings Group Co., Limited is a property developer and property-related service provider in China. It commenced its property development business in Shenzhen in 1996 and has subsequently expanded into and currently focuses its real estate activities in the Chengdu-Chongqing Economic Zone, the Pearl River Delta region, the Yangtze River Delta region and the Beijing-Tianjin metropolitan region – four of the fastest-growing economic regions in China, and has recently expanded into and plans to also focus on Central China.

The Davis Polk corporate team included partners Gerhard Radtke and Yang Chu and registered foreign lawyers Jennifer Liu, Marcus Tan and Mendtuvshin (Mendee) Enkhtaivan. All members of the Davis Polk team are based in the Hong Kong office.