À̹ÌÁö È®´ë South Korea¡¯s Shinhan Investment Corp. jointly with Sidney-based Quadrant Private Equity successfully completed 110 million Australian dollars ($85.6 million) worth debt sale for refinancing the acquisition of The Entertainment and Education Group (TEEG).
Owned by Quadrant, TEEG is Asia Pacific region¡¯s largest entertainment center operator that runs bowling alleys and other indoor activity places across seven countries.
The latest acquisition financing deal involved selling down, or re-sale, of senior debts created for acquiring TEEG, according to Shinhan on Thursday.
Shinhan was an exclusive seller of Quadrant¡¯s acquisition financing debts in Korea, which the Aussie firm syndicated to buy out TEEG, in late 2019.
By Kang Doo-soon, Park Chang-young and Cho Jeehyun
[¨Ï Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]