Recently, affiliates of The Carlyle Group L.P. (NASDAQ:CG) successfully raised senior secured credit facilities from the syndicate led by Barclays to finance the $3.2 billion acquisition of Atotech B.V. by such affiliates of The Carlyle Group L.P. from affiliates of Total S.A. The aforesaid facilities are supported by multi-jurisdiction guarantees and collateral package, among which, cross-border guarantee granted by certain PRC subsidiaries of Atotech B.V. and the security over the assets of such PRC subsidiaries are important components, given that over 40% of the assets of the consolidated target group of Atotech B.V. are located within the PRC.
Zhong Lun Law Firm acted as the PRC counsel for Carlyle and provided comprehensive legal services for the credit facilities project.