Oriental Brewery LBO no match for debt markets, survey shows

10 May 2009

KKR's lenders will have little trouble distributing over $800m of debt backing the leveraged buy-out of Korea's Oriental Brewery, according to a survey of EuroWeek readers.

A majority of respondents to a poll held last week on www.euroweek.com/asia said they thought Asia's leveraged finance market had recovered enough to support the buy-out, although most said they thought the deal would be a tough sell.

31% said KKR's advisers would have no trouble placing the ...

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