We advised the initial purchasers on the offering and the dealer managers on the tender offer for Fantasia’s senior notes

Davis Polk advised the initial purchasers in connection with a $150 million Regulation S offering by Fantasia Holdings Group Co., Limited of its 11.875% senior notes due 2023, to be consolidated and form a single series with the $300 million 11.875% senior notes due 2023 issued on June 1, 2020.

Concurrently with the notes offering, Davis Polk advised the dealer managers in connection with cash tender offer for any and all of its outstanding 8.375% senior notes due 2021.

Fantasia Holdings Group Co., Limited is a property developer and property-related service provider in China. It commenced its property development business in Shenzhen in 1996 and has subsequently expanded into and currently focuses its real estate activities in the Chengdu-Chongqing Economic Zone, the Pearl River Delta region, the Yangtze River Delta region and the Beijing-Tianjin metropolitan region – four of the fastest-growing economic regions in China – and has recently expanded into and plans to also focus on Central China.

The Davis Polk corporate team included partners Gerhard Radtke and Yang Chu and registered foreign lawyers Jennifer Liu, Marcus Tan and Lyuning He. All members of the Davis Polk team are based in the Hong Kong office.