1 min read · 14 June 2010
(Reuters) - After months of speculation, Kohlberg Kravis Roberts & Co has mandated Korea Development Bank to refinance the deal that backed its $1.8 billion leveraged buyout of Oriental Brewery Co Ltd (OB) in 2009. KKR would halve its borrowing costs through the planned refinancing deal, according to sources familiar with the matter. The blue-chip sponsor was forced to pay a top-level all-in of 660 basis points (bps) for a five-year, $915 million-equivalent loan when it bought the Korean brewer from Anheuser-Busch InBev NV INTB.BR during a period of tight liquidity in 2009.
2 min read · 14 June 2010
2 min read · 14 June 2010
Intrepid Investment Bankers LLC has launched as a Los Angeles-based, mid-market M&A advisory. Its principals previously were with Barrington Associates, which was acquired by Wells Fargo in 2006.
2 min read · 14 June 2010
Kaffee Partner, a distributor of coffee and water dispensers in the German SME market, has raised an undisclosed amount of private equity funding from Partners Group and Capvis Equity Partners.
2 min read · 14 June 2010
2 min read · 14 June 2010
1 min read · 14 June 2010
4 min read · 14 June 2010
1 min read · 13 June 2010
1 min read · 13 June 2010
