We advised the initial purchasers on the Regulation S notes offering

Davis Polk advised the initial purchasers in connection with a $200 million Regulation S offering by China Water Affairs Group Limited of its 4.85% senior notes due 2026.

China Water Affairs Group Limited is the largest publicly listed water supply companies in China based on volume of water sold for the year ended March 31, 2020. It focuses on the water supply business. China Water Affairs Group Limited 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 and Lyuning He. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.