After winning a highly competitive auction, MBK must roll up its sleeves and work hard to stop falling like-for-like sales at Tesco’s Korean retail unit.
HSBC has named Carla Goudge to replace Matthias Knobloch as head of debt syndicate Asia Pacific, with Alison Chan joining the desk full-time in October.
The private equity firm backs out of deal to take US-listed Shanda Games private for $1.9 billion. The news comes as investors push back on leverage loan pricing.
The region's leveraged loan markets are still liquid as banks are willing to lend and private equity have funds to deploy says a BofML loan specialist.