Kirkland & Ellis Advises Kerneos Tech Group SAS in Connection with €350 Million Notes Offering

Kirkland & Ellis International LLP represented Kerneos Tech Group SAS in connection with the offering of €200 million 5.75 percent senior secured fixed rate notes due 2021 and €150 million senior secured floating rate notes due 2021, which closed on March 13, 2014.

The proceeds from the notes offering will be used to finance the issuer’s acquisition of Materis Aluminates SAS and its subsidiaries, and repay the target’s existing indebtedness.

The Kirkland team included London-based partners Ward McKimm, Neel Sachdev and Cedric Van den Borren, and associates Andrew Hagan, Leah Pinto, Bryan Robson, William Gwyn and Antoine Lebienvenu. Partner Dulcie Sawle Daly and associate Jason Pegnall advised on the tax aspects of the offering. Partners Joanna Ritcey-Donohue and Satnam Tumani, and associates Chase Kaniecki and Sean Adams advised on regulatory matters.

Kerneos is the leading worldwide multi-brand manufacturer and supplier of calcium aluminate cements.

Kirkland & Ellis is a 1,600-attorney law firm representing global clients in complex corporate, capital markets, restructuring and tax, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in London, Beijing, Chicago, Hong Kong, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C.