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(Photo= Yonhap news) |
[Alpha Biz= Reporter Kim Sangjin] Shinhan Investment Corp. recently successfully completed a 120 billion won overseas acquisition financing 'sell-down.'
On the 21st, Shinhan Investment Corp. announced that in April this year, it participated as a joint lead arranger with Shinhan Bank in a $500 million (approximately 700 billion won) acquisition financing loan for the North American bottle cap manufacturer 'Closure Systems International (CSI).' Shinhan Investment Corp. underwrote $50 million (approximately 70 billion won) of this loan and completed the full sell-down to institutional investors in the US and Europe.
Additionally, around the same time, Shinhan Investment Corp. participated in a $650 million (approximately 900 billion won) acquisition financing for the cybersecurity solutions company 'Optiv,' owned by global private equity firm KKR. Of this, Shinhan Investment Corp. underwrote approximately 50 billion won and resold it to domestic institutional investors.
AlphaBIZ Kim SangJin(letyou@alphabiz.co.kr)
