On December 29, 2016, KWG Property Holding Limited (“KWG”, 01813. HK) successfully issued US$ 250 million senior bonds with a coupon of 6% and maturity of 5 years. The bonds will be listed at HKEX.

KWG is among the top large property developers in China, with a leading position in Guangzhou. Its business has now expanded to Suzhou, Chengdu, Tianjin, Shanghai, Nanning, Hangzhou, Foshan and Nanjing. KWG focuses on developing medium to high-end residence, and develops commercial properties at premium locations as long-term investment. KWG also develops luxuary hotels, and participates in the operation of some of them.

Jingtian & Gongcheng is the PRC legal counsel of the issuer to provide legal services.