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.

Contact: Corinne Ball, Gregory R. Salathé