Fantasia makes high-yield offering

    June 18, 2010 | BY

    clpstaff &clp articles

    China-based property developer Fantasia Holdings Group has made a US$120 million Rule 144A/Reg S offering of its 14% senior notes due 2015. The initial…

    China-based property developer Fantasia Holdings Group has made a US$120 million Rule 144A/Reg S offering of its 14% senior notes due 2015. The initial purchasers were Citigroup Global Markets, Merrill Lynch and UBS.

    A Davis Polk & Wardwell team, led by Hong Kong partners William Barron, Show-Mao Chen and James Lin advised the initial purchasers on US law. King & Wood served as the initial purchasers' PRC counsel. On the issuer side, Sidley Austin acted as Fantasia's US and Hong Kong counsel, while Commerce & Finance Law Offices advised on the PRC law aspects.

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]