Kirkland Advises TPG on Debt Financing For Knight Bidco’s Proposed Privatization of Kangji Medical Holding

Kirkland & Ellis is advising TPG on the debt financing for Knight Bidco Limited’s pre-conditional proposal for the privatization of Kangji Medical Holdings Limited by way of a scheme of arrangement. 

Headquartered in Hangzhou, China, Kangji Medical Holdings Limited is a Hong Kong-listed medical device group which specializes in the design, development, manufacture and sale of minimally invasive surgery instruments and accessories.  The proposal values Kangji Medical Holdings Limited at approximately US$1.4 billion on an equity value basis.

Read Hong Kong Stock Exchange’s announcement

The Kirkland team included debt finance lawyers Manas Chandrashekar, Karen Ho, Sean Zhang and Ryan Chan.