(January 20, 2014) - Paul Hastings, a leading global law firm, announced today that the firm represented Nomura, Bank of Taiwan, Cathay United Bank, Co., Ltd., ICBC International Capital Limited and Maybank Investment Bank Berhad as mandated lead arrangers in the US$330 million term loan facility for AsiaInfo-Linkage, Inc.’s (“AsiaInfo “) US$890 million going-private transaction managed by a consortium led by Chinese private equity company CITIC Capital Partners (“CITIC”). AsiaInfo is China’s leading provider of telecommunication software solutions.
The private investor consortium, which also included Ellington Investments Pte., Ltd., provided the equity investment for the transaction. This marks China’s second-largest PE sponsored privatization.
The deal, which was first announced
in May 2013, was led by partner Brett W. King
with support from tax partner Alexander Lee
and associates James Ma
and Katherine Watlington
. Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.