China - Fantasia Holdings Group Co., Limited $100 Million High-Yield Notes Offering.

Legal News & Analysis - Asia Pacific - China - Corporate/M&A

5 February, 2019


Davis Polk advised the initial purchaser in connection with a $100 million Regulation S offering by Fantasia Holdings Group Co., Limited of its 15.000% senior notes due 2021 to be consolidated and form a single series with Fantasia Holdings’ $130 million 15.000% senior notes due 2021 issued on December 18, 2018 and $70 million 15.000% senior notes due 2021 issued on December 28, 2018.


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 partner Gerhard Radtke, former counsel Margie Chan and registered foreign lawyer Jennifer Liu. Members of the Davis Polk team are based in the Hong Kong office.


These announcements are not offer for sale of securities in the United States. The securities referred to herein (the "Securities") have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. The issuers of the Securities does not intend to register any part of the offering in the United States or to conduct a public offering of the Securities in the United States.