Advisory

Carey advises KPS Capital Partners on the financing for the acquisition of Innomotics

Practice areas: Private Equity

KPS CAPITAL PARTNERS, a global private equity firm, through its subsidiary Dynamo Newco II and other related entities, on the Chilean aspects of the financing for the acquisition of Innomotics, a manufacturer of electric motors and large driving systems from the Siemens group, for USD2,342 billion approx. The financing consisted in the issuance of up to EU600 million debt securities under the Rule 144 A and Reg S of the United States, senior facilities for up to EU1,200 million and a guarantee facility for up to EU425 million.