Haitai, which has 20% of the Korean confectionery market, was recently auctioned to a consortium that includes CVC, JPMorgan Capital Partners and UBS Capital.
JPMorgan was mandated to raise the acquisition debt finance for the deal and has come up with a W345 billion senior secured facility which is expected to see eager participation from banks around the region.
It has brought in Chohung Bank as joint lead and co-underwriter and has structured the deal in three tranches two of which can be subscribed...