Corrected: KKR seals bilateral loans for Vinhomes acquisition

By Pan Yue
10 Jul 2020

KKR has closed two bilateral loans to support its acquisition of Vinhomes Joint Stock Co, GlobalCapital Asia understands.

The PE firm signed the bilateral loans three weeks ago to support its minority stake acquisition of Vinhomes, the real estate subsidiary of Vietnam’s Vingroup Joint Stock Co. A KKR-led consortium, which includes Singapore’s Temasek, acquired a 6% stake in Vinhomes for $650m, according to a press release ...

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