KWG Property Holding Limited $300 Million Regulation S High-Yield Notes Offering
11/10/2017

Davis Polk advised the initial purchasers in connection with a $300 million Regulation S high-yield offering by KWG Property Holding Limited of its 5.875% senior notes due 2024. 

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, Hainan, Hefei, Foshan, Wuhan, Xuzhou, Jiaxing, Taizhou, Jinan, Nanjing, Shenzhen, Changshu, Lishui, Chongqing, Taicang, Wuxi 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 lawyer Tae-Hun Kim. 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.