IFLR1000

Mirae Asset Securities $528 million acquisition financing

7/4/2016
Acquisition finance
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W 600 billion

$ 528 million

Completed

7/4/2016

Overview:

  • Mirae Asset Securities has acquired Daewoo Securities.
  • Shinhan Bank has lent W600 billion ($528 million) to Mirae Asset Securities for the acquisition.
  • Mirae Asset Securities now becomes Korea’s largest securities company. 

Katrin Kostadinova - Data analyst

Jurisdiction:

South Korea

Deal type:

Acquisition finance

Practice area:

Banking

Governing law:

South Korea

Industry sector:

Financial services

Firm:
JIPYONG

Party: Shinhan Bank (Lender)

Lawyer: Yully Kang

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