Davis Polk advised the joint lead managers in connection with the Regulation S-only offering by CSCEC Finance (Cayman) I Limited (the “Issuer”) of its $500 million 2.25% notes due 2019 and $500 million 2.70% notes due 2021 unconditionally and irrevocably guaranteed by China State Construction Engineering Corporation Limited (the “Guarantor”).

 

The Guarantor is one of the world’s largest construction and real estate conglomerates. The Guarantor has the longest history of specialized operations and market-oriented management in the PRC and mainly focuses on building construction business, real estate development and investment business, infrastructure construction and investment business, and engineering design and survey business.

 

The Davis Polk corporate team included partners Paul Chow, counsel Liang (Alex) Tao and registered foreign lawyer Ran Li. Members of the Davis Polk team are based in the Hong Kong and Beijing offices.