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South Korea

Homeplus

KRW 200.0B startup

Summary

MBK Partners chairman Michael Byungju Kim offered a personal guarantee for 200 billion won in emergency funding for Homeplus, contingent on lender approval. The financing is intended to support the retailer’s turnaround and could help it re-enter rehabilitation proceedings.

Investors

Meritz Financial Group, MBK Partners Chairman Michael Byungju Kim