Davis Polk advised Deutsche Bank AG, Singapore Branch as the exclusive dealer manager in connection with a cash tender offer by China Oriental Group Company Limited for up to $200 million of its outstanding $300 million 7% senior notes due 2017 and $550 million 8% senior notes due 2015.
China Oriental Group Company Limited is an integrated iron and steel manufacturer in the PRC principally engaged in the production of H-section steel products, strips and strip products, cold-rolled sheets and galvanized sheets, and billets.
The Davis Polk corporate team included partner William F. Barron and associates Faisal Baloch, Shih-Jern Liang and Jennifer Liu. Partner John D. Paton and counsel Alon Gurfinkel provided tax advice. Geetika Sood was the legal assistant on the transaction. Members of the Davis Polk team are based in the Hong Kong and London offices.
