Davis Polk advised the initial purchasers in connection with a $250 million Regulation S high-yield offering by KWG Property Holding Limited of its 5.20% senior notes due 2022.

KWG Property Holding 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, Foshan, Nanjing and Hainan, Hefei, Foshan, Wuhan, Xuzhou, Jiaxing, Taizhou, Jinan, Nanjing and Hong Kong and focuses on mid- to high-end residential property developments with distinctive characteristics. The company is listed on the Hong Kong Stock Exchange.

The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke, associate Sophia Mao and registered foreign lawyers Tae-Hun Kim and Xuelin (Steve) Wang. Counsel Alon Gurfinkel and associate Kelli A. Rivers provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.