KWG Group Holdings Limited $400 Million Regulation S High-Yield Notes Offering
11/13/2020

Davis Polk advised the initial purchasers in connection with a $400 million Regulation S high-yield offering by KWG Group Holdings Limited of its 6.300% senior notes due 2026.

KWG Group Holdings Limited is a large-scale PRC property developer with a leadership position in Guangzhou and an established presence in Suzhou, Chengdu, Beijing, Tianjin, Shanghai, Nanning, Hangzhou, Hainan, Hefei, Foshan, Wuhan, Xuzhou, Jiaxing, Taizhou, Jinan, Nanjing, Shenzhen, Changshu, Lishui, Chongqing, Taicang, Wuxi, Zhaoqing, Zhongshan, Nantong, Liuzhou, Huizhou, Jiangmen, Wenzhou and Hong Kong. The group focuses on mid- to high-end residential property developments with distinctive characteristics. The group also develops commercial properties and high-end hotels. In addition, the group engages in property-related businesses such as property management for residential and commercial properties. The group is listed on the Hong Kong Stock Exchange.

The Davis Polk corporate team included partner Gerhard Radtke, counsel Bingqing Pan and registered foreign lawyers Marcus Tan, Mendtuvshin (Mendee) Enkhtaivan and Allie Ma. All members of the Davis Polk team are based in the Hong Kong office.