IFLR1000

KKR $150 million investment in JBF Industries

30/9/2015
Financial investment
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$ 150 million

Completed

30/9/2015

Overview:

  • Kohlberg Kravis Roberts (KKR) has invested $150 million in JBF Industries.
  • JBF is an Indian polyester manufacturer.
  • The investment will be made by KKR Special Situations Fund.
  • The deal will see KKR acquire a 20% stake in JBF and invest in zero-coupon convertible preference shares.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Financial investment

Practice areas:

Private equity
M&A

Governing law:

India

Industry sector:

Industrials and manufacturing

Firms:
Crawford Bayley & Co

Party: JBF Industries (Target)

Lawyer: Sanjay Asher

Cyril Amarchand Mangaldas

Party: KKR & Co (Investor)

Lawyers: Anchal Dhir, Cyril Shroff, Nivedita Rao

Davis Polk & Wardwell

Party: KKR & Co (Investor)

Lawyer: Stephen Salmon

WongPartnership

Party: KKR & Co (Investor)

Lawyers: Fi Ling Quak, Kah Keong Low

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