Davis Polk advised the sole dealer manager in connection with a cash tender offer and consent solicitation by China Oriental Group Company Limited (“China Oriental”) as issuer for any and all of its outstanding $111.4 million 7.00% senior notes due 2017.

China Oriental is an integrated iron and steel manufacturer in China, with a total production capacity of approximately 11 million metric tons of crude steel per annum.

The Davis Polk corporate team included partner William F. Barron, counsel Margie Chan and registered foreign lawyer Bingqing Pan. Counsel Alon Gurfinkel and associate Nicholas A. Machen provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.