PAG invests in Key Safety Systems to finance acquisition of global assets of Takata Corporation
Clients PAG Asia Capital Ltd. and PAG Asia II LP
Jones Day represented PAG Asia Capital Ltd. and PAG Asia II LP in connection with its investment in Key Safety Systems, a subsidiary of China-based Ningbo Joyson Electronic Corporation, to finance the acquisition of substantially all of the global assets of Takata Corporation out of bankruptcy in the U.S. and Japan and certain non-bankruptcy transactions elsewhere in the world.
PAG is a leading Asia-focused alternative investment firm with funds under management across private equity, real estate, and absolute return strategies. Based in Hong Kong, PAG currently manages more than US$20 billion in capital for some of the world’s largest private and institutional investors.