FOR IMMEDIATE RELEASE
NEW YORK, February 8, 2017 - International law firm Milbank, Tweed, Hadley & McCloy LLP acted as lead counsel to the joint lead arrangers (led by Barclays) in raising senior secured credit facilities and the joint book-running managers (led by JPMorgan) in placing senior notes to finance the $3.2 billion acquisition of Atotech B.V. by affiliates of The Carlyle Group L.P. from affiliates of Total S.A. The debt was incurred by US and Dutch Co-Borrowers and is supported by a multi-jurisdiction cross-border guarantee and collateral package.
Atotech B.V. is a leading manufacturer of specialty chemicals and equipment for high technology electroplating applications headquartered in Germany and The Netherlands with a presence in over 25 countries.
Carlyle is a global alternative asset manager and one of the world’s largest global private equity firms with approximately $169 billion of assets under management across 125 funds and 177 fund of funds vehicles as of September 30, 2016.
The Milbank Global Leveraged Finance team was led by partner Marcus Dougherty and included associates Benjamin Sayagh, George Zhang, Mike Volodarsky and Matthew Gornick in New York, Alexandra Schofield, Catherine Molony, Georgina Wolf in London, partner Mathias Eisen and associates Alexander Klein and Thomas Moeller in Frankfurt and partner Shepard Liu in Beijing.
The Milbank Capital Markets team was led by partners Rod Miller and Ben Miles, and included associates Matt Kusel, Felipe Lima and James Ganley in New York and associate Meredith Hines in London.
Also providing advice on various points in the transaction were: Tax partner Andrew Walker and associate Michael Goon, Intellectual Property associate Javier Ramos, Global Corporate partner Matt Ahrens and associate Sarah Ullathorne, Transportation and Space associates Bijan Ganji and Lafayette Greenfield and Alternative Investments Practice partner John Williams together with associates Brian Lee and Carl Ruggerio.
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.
Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
