Fantasia Holdings Group Co., Limited $100 Million High-Yield Notes Offering
Davis Polk advised the initial purchaser in connection with a $100 million Regulation S offering by Fantasia Holdings Group Co., Limited (the “Company”) of its 7.375% senior notes due 2021 to be consolidated and form a single class with the $400 million aggregate principal amount of 7.375% senior notes due 2021 issued by the Company on October 4, 2016.
Fantasia Holdings Group Co., Limited is a leading 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 partner William F. Barron, counsel Gerhard Radtke, associate Sophia Mao and registered foreign lawyer Jennifer Liu. 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.