Goodpack LBO to unwrap $650m loan to the market
Three banks are understood to be providing underwritten debt financing to the tune of $600m-$650m to back KKR’s S$1.39bn ($1.1bn) buyout of Singaporean packaging company Goodpack, in a deal which will mark the private equity firm’s largest ever investment in southeast Asia. The move has led leveraged bankers to speculate that PE firms are now looking at opportunities outside of China to buy assets.
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