Kirkland Advises Baring on $385.9 Million Dividend Recapitalization and Refinancing of Existing Facilities for CitiusTech

Kirkland & Ellis acted as lead counsel for Baring Private Equity Asia on a bank facility for the recapitalization and refinancing of certain existing facilities of its portfolio company CitiusTech Holdco B.V., the holding company of CitiusTech Healthcare Technology Private Limited, a provider of consulting and digital technology to healthcare and life sciences companies based in India. The transaction closed on February 24, 2022.

The Kirkland team was led by debt finance partner Manas Chandrashekar, with support from debt finance associates Anthony Chan and Charlotte Tang.