Jenner & Block

Firm Represents KEMET Corporation in Refinancing Transaction Involving New $345 Million Term Loan

Jenner & Block represented KEMET Corporation (NYSE:KEM), a leading provider of electronic components, in a complex refinancing transaction involving a new $345 million Term Loan Credit Facility. The new Term Loan Credit Facility provides KEMET with lower annual cash interest expenses and supports its long-term growth goals by providing additional operational flexibility.In connection with the new Term Loan, KEMET also entered into a new amendment to an existing revolving credit facility and is using the proceeds from the deal to fund the redemption of all outstanding senior notes. The cross-border transaction was led by Partner H. Kurt von Moltke and included Partners Geoffrey M. Davis, Brian S. Hart and Olga A. Loy, Associates Young Woo (Ariel) Cho, Amy Inagaki, Rafi W. Mottahedeh and Wei Xu, Visiting Attorney Takamasa Horio and Paralegal Jon C. Sims. The Jenner & Block team worked with local counsel in Italy, Japan, Mexico and Singapore.

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