Haitai's pricing looks sweet

Korea''s biggest confectionery company has priced a syndicated loan to sell.
July 08, 2001
Given it is the first LBO financing of the year in Asia, Haitai Foods has been a long-awaited deal both in yield terms and in rarity value.

Haitai, which has 20% of the Korean confectionery market, was recently auctioned to a consortium that includes CVC, JPMorgan Capital Partners and UBS Capital.

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