The exchange offers and consent solicitation are for guaranteed senior notes

Davis Polk advised the dealer managers in connection with exchange offers of 10.875% guaranteed senior notes due 2022 and 12.00% guaranteed senior notes due 2022; (ii) the solicitation agents in connection with a consent solicitation from eligible holders of 11.50% guaranteed senior notes due 2024, conducted by Haimen Zhongnan Investment Development (International) Co., Ltd. as offeror and Jiangsu Zhongnan Construction Group Co., Ltd. as guarantor.

Jiangsu Zhongnan Construction Group Co., Ltd. is a leading property developer and one of the top private construction companies in the PRC, focusing on developing residential properties in the Yangtze River Delta Region, Pearl River Delta Region and core cities in China and mainly engaged in building construction work in both public and private sectors by undertaking property construction projects and public facilities construction projects. Jiangsu Zhongnan Construction Group Co., Ltd. is listed on the Shenzhen Stock Exchange.

The Davis Polk corporate team included partners Gerhard Radtke, Yang Chu and Xuelin (Steve) Wang, counsel Bingqing Pan, counsel – registered foreign lawyer Jennifer Liu and registered foreign lawyer Sean Su. All members of the Davis Polk team are based in the Hong Kong office.

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