Davis Polk advised the initial purchasers in connection with a $350 million Regulation S high-yield offering by KWG Group Holding Limited of its 7.875% senior notes due 2023.

KWG Group Holding Limited is a large-scale PRC property developer with a leadership position in Guangzhou and an established presence in Suzhou, Chengdu, Beijing, Tianjin, Shanghai, Nanning, Hangzhou, Hainan, Hefei, Foshan, Wuhan, Xuzhou, Jiaxing, Taizhou, Jinan, Nanjing, Shenzhen, Changshu, Lishui, Chongqing, Taicang, Wuxi, Zhaoqing, Zhongshan, Nantong, Liuzhou, Huizhou, Jiangmen, Wenzhou and Hong Kong. The Group focuses on mid- to high-end residential property developments with distinctive characteristics. The Group also develops commercial properties and high-end hotels. In addition, the Group engages in property-related businesses such as property management for residential and commercial properties. The Group is listed on the Hong Kong Stock Exchange.

The Davis Polk corporate team included partner Gerhard Radtke, counsel Terrence R. O’Donnell and counsel-registered foreign lawyer Xuelin (Steve) Wang. All members of the Davis Polk team are based in the Hong Kong office.

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