Vinay Kurien

Vinay Kurien has worked on a variety of cross-border debt transactions, including leveraged acquisitions, equipment and receivable financings, private credit, and debt capital markets transactions. He is recognized in the Chambers Asia-Pacific guide as having "the rare ability to back his hypothesis and knowledge up with a crystal-clear recommendation and strategy."

Vinay represents clients such as The Procter & Gamble Co. and various companies in the Tata and Godrej groups. Among others, Vinay represented Micron Technology, Inc. (MTI) and its Singapore subsidiaries in connection with an $800 million sale and lease-back equipment financing transaction; L-Catterton Asia and the Crescent Point Group in a $226 million leveraged acquisition finance transaction for the purchase of a controlling stake in GXG in China; and Hyatt Hotels Corporation in connection with Indian project financing transactions in aggregate principal amount of approximately $185 million.

Vinay also advises on cross-border business and corporate restructuring matters involving liability management, noncontentious, contentious, and formal insolvency procedures, including formulating and implementing enforcement and debt recovery strategies, and represents clients such as Standard Chartered Bank, Singapore and the Singapore subsidiary of a major international oil company.

Vinay is recommended by Chambers Asia-Pacific, The Legal 500 Asia Pacific, IFLR1000, and Law360 for his outstanding experience in banking & finance and India-related deals.

Prior to relocating to Singapore in 2011, Vinay worked in the Mumbai office of a major Indian law firm.

Erfahrung

Baird Capital portfolio company acquires Integrity Municipal SystemsJones Day represented Baird Capital in the acquisition and financing by portfolio company Cleanwater1, Inc. of Integrity Municipal Systems (IMS), a leading technology and solutions provider of branded, engineered lime systems, odor control and chemical feed system process solutions for the water and wastewater industry.

Private Dutch investment company obtains US$183 million facility to refinance its existing financial indebtednessJones Day represented a private Dutch investment company in connection with a US$183 million secured refinancing of existing indebtedness, incurred to finance the acquisition of a majority stake in a custom manufacturer of active ingredients and advanced intermediates for agrochemicals as well as fine and specialty chemicals.

Riverside sells Red Nucleus to Thomas H. Lee PartnersJones Day represented The Riverside Company in its sale of Red Nucleus, an industry-leading integrated provider of learning and development, medical communications, market access, and R&D and clinical solutions to the life sciences industry globally, to Thomas H. Lee Partners.

Coronado Global Resources completes $400 million Senior Secured Notes offeringJones Day advised Coronado Global Resources Inc. (ASX: CRN) (“Coronado”), a global producer, marketer, and exporter of a full range of metallurgical coal products, in connection with an offering by one of its wholly-owned subsidiaries of US$400 million aggregate principal amount of 9.250% Senior Secured Notes due 2029 in a Rule 144A and Regulation S offering.

Five9 acquires AcqueonJones Day advised Five9, Inc. in its acquisition of Acqueon, a pioneering real-time revenue execution platform, realizing Five9's ambition to become the orchestration engine for every interaction across the entire customer journey, including marketing, e-commerce, sales and customer service through AI-driven, omnichannel proactive customer engagement.

Koch Equity Development acquires iconectiv, LLCJones Day is advising Koch Equity Development LLC, the principal investment and acquisition arm of Koch, Inc., on its acquisition of iconectiv, LLC ("iconectiv"), a telecommunications solutions leader, from Ericsson (NASDAQ: ERIC), the global supplier of mobile communication and connectivity solutions for service providers and enterprises, and affiliates of Francisco Partners, a leading technology investment firm.

ITT completes divestiture of Wolverine Advanced MaterialsJones Day advised ITT, Inc. in the $171 million sale of its Wolverine Advanced Materials business to private equity firm Center Rock Capital Partners.

Mayur Resources obtains US$155 million financing to complete Central Lime ProjectJones Day advised Mayur Resources Limited on the debt financing agreements with Appian Capital Advisory LLP and combined equity funding from Vision Blue Resources, a clean energy battery metals transition investment vehicle led by Sir Mick Davis, for a total of approximately US$155 million to complete the Central Lime Project.

Morgan Stanley Capital Partners acquires Resource Innovations, Inc.Jones Day advised Morgan Stanley Capital Partners in its acquisition and financing of Resource Innovations, Inc. (RI), a leading tech-enabled services company focused on energy efficiency and sustainability.

Timken acquires Des-CaseJones Day advised The Timken Company in the acquisition of Des-Case Corp., a Nashville, Tenn.-based manufacturer of specialty filtration products for industrial lubricants.

Twilio sells ValueFirst to TanlaJones Day advised Twilio Inc. in the sale of ValueFirst Digital Media Private Limited to Tanla Platforms Limited, a company based in India with shares listed on BSE Limited and the National Stock Exchange of India.

Junshi grants exclusive rights to Dr. Reddy's for toripalimab cancer treatmentJones Day represented Shanghai Junshi Biosciences Co., Ltd. ("Junshi") in its grant of exclusive rights related to the development and commercialization of toripalimab, an anti-PD1 monoclonal antibody, to Dr. Reddy's Laboratories for the territory of Latin America, India, South Africa, and an option to expand the territory to include Australia and New Zealand and potential other countries.

Citibank provides $400 million unsecured multicurrency credit facility to Deckers Outdoor CorporationJones Day represented Citibank, N.A., as left lead arranger and administrative agent, in connection with a $400 million unsecured multicurrency revolving credit facility provided to Deckers Outdoor Corporation, a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories.

UPL Limited and its subsidiary UPL Corporation Limited complete amendment and restatement of its outstanding US$700 million term loan facilities and up to US$750 million term loan facilityJones Day represented UPL Limited and UPL Corporation Limited, a subsidiary of UPL Limited, in connection with the amendment and restatement of a (1) US$700 million sustainability linked loan facilities agreement ("700M SLL") entered into by UPL Corporation Limited, as borrower, with Coöperatieve Rabobank U.A., Hong Kong Branch, the Hongkong and Shanghai Banking Corporation Limited, Intesa Sanpaolo S.P.A Singapore Branch, MUFG Bank, Ltd., and Societe Generale, Hong Kong Branch as mandated lead arrangers, underwriters, and bookrunners; and (2) US$750 million sustainability linked loan facility agreement ("750M SLL") entered into by UPL Corporation Limited, as borrower, with MUFG Bank, Ltd. and Coöperatieve Rabobank U.A., Hong Kong Branch as mandated lead arrangers, underwriters, and bookrunners.

Timken acquires GGB Bearing Technology for $305 millionJones Day advised The Timken Company in the $305 million acquisition of GGB Bearing Technology (GGB), a division of Enpro, Industries (including exclusive negotiations with respect to the French operations of GGB).

Alternate investment firm obtains $100 million secured facilitiesJones Day advised a leading alternative investment firm in connection with a $100 million secured holdco back leverage facility secured against its interests in certain portfolio companies.

UPL Limited and UPL Corporation Limited complete refinancing of its outstanding US$3 billion term loan facilityJones Day represented UPL Limited and UPL Corporation Limited (a Mauritius incorporated subsidiary of UPL Limited) in connection with the refinancing of the outstanding principal amount under its US$3 billion term facility.

Private Dutch investment company refinances US$170 million of existing financial indebtednessJones Day represented a private Dutch investment company in connection with a US$170 million structured, secured financing transaction to refinance its existing indebtedness incurred in connection with an acquisition of a custom chemical manufacturer.

AIP acquires Aluminium BelgiumJones Day advised American Industrial Partners in the acquisition of 100% of the shares of Aluminium Belgium BV, the parent company which owns Aluminium Duffel, from Ecnavla 8 UK Ltd.

Armor sells stake in ARMOR-IIMAK to AstorgJones Day advised EN5, controlling shareholders of the Armor group, on the management buyout of Armor Iimak group and the simultaneous 40% investment by Astorg Midcap in the Armor Iimak group.

September 2024 Newsletters