Kirkland Advises TPG Rise Climate and GIC in connection with €750 Million Senior Secured Notes offering as part of €6.7 Billion leveraged buyout of Techem

Kirkland & Ellis advised TPG Rise Climate and GIC in connection with the offering of €750 million senior secured notes as part of their €6.7 billion leveraged buyout of Techem. Pending consummation of the acquisition, the proceeds from the offering of the notes will be held in a segregated bank account controlled by the bond issuer. Techem is a service provider for smart and sustainable buildings, servicing more than 13 million dwellings with more than 62 million digital measuring devices on its platform.

The Kirkland team included capital markets lawyers Tim Volkheimer, Rohan Sahai, Will Taylor and Hayley Stoate; debt finance lawyers Daniel Borg, Leon Daoud, Jörg Weber, Ashley Bannister and Daniel Beck; tax lawyers Jared Rusman, Michael Ehret, Nicole Martin and Emanuel Götz; and restructuring lawyer Michael Berger.