Eyes on Samsung Sec's acquisition financing activities The securities firm has arranged several large-sized deals so far this year
Translated by Kim So-in 공개 2020-02-20 08:00:33
이 기사는 2020년 02월 20일 08:00 thebell 에 표출된 기사입니다.
South Korea’s Samsung Securities is showing strong acquisition financing activities.According to industry sources on Tuesday, Samsung Securities has closed five acquisition financing deals in January and February. Last year, the securities firm arranged a total of six deals worth 818.5 billion won, securing an eleventh place. The firm has gotten off to a good start in 2020, with its deal volume nearly on par with the previous year’s record.
One of the major deals that Samsung Securities arranged so far this year is Macquarie Asia Infrastructure Fund Ⅱ(MAIF Ⅱ)’s acquisition of Daesung Industrial Gases. The Australian PE firm bought Daesung Industrial Gases from South Korea’s MBK Partners for 2.5 trillion won on February 6. The amount of acquisition financing for the transaction amounts to 1.7 trillion won. Samsung Securities and KB Securities jointly arranged the transaction.
Samsung Securities also participated in MAIF Ⅱ’s acquisition of a minority stake in LG CNS. The PE firm acquired a 35 percent stake in LG CNS for around 950 billion won, of which 500 billion won was financed by acquisition financing. Samsung Securities, Kookmin Bank, KB Securities, Korea Investment & Securities jointly arranged the deal.
Samsung Securities solely arranged EUM Private Equity’s acquisition of Koryo Nobel Explosives. EUM Private Equity acquired a 100 percent stake in Koryo Nobel Explosives for 133 billion won last month, of which 30 billion won was financed by acquisition financing via Samsung Securities.
The brokerage firm is active not only in acquisition financing, but also in refinancing deals. Samsung Securities solely arranged Affirma Capital’s 250 billion won refinancing of EMC Holdings.
Samsung Securities also arranged Affinity Equity Partners’ refinancing of Burger King. Affinity Equity Partners used 80 billion won worth acquisition refinancing when purchasing stake in Burger King in 2016. At that time, Woori Bank, Samsung Securities and Hana Financial Investment jointly arranged the deal. Samsung Securities recently acted as sole arranger for Affinity Equity Partners’ 181.5 billion won refinancing on the fast food chain.
Samsung Securities is preparing for several acquisition financing deals, which heightens anticipation for the brokerage firm’s achievements this year.
“Samsung Securities has been putting efforts into expanding networks by constantly hiring talents. The deals that the firm has prepared so far seem to start to bear fruits,” said an IB industry insider.
(By reporters Han Hee-yeon and Kim Byung-yoon)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재, 재배포 및 AI학습 이용 금지 >
관련기사
best clicks
최신뉴스 in 전체기사
-
- GA '전성시대' 계속되려면
- [보험사 IFRS17 조기도입 명암]KB손보, 부채항목 개선…상품 포트폴리오 효과는 못봤다
- [보험 패러다임 시프트]삼성생명의 제3보험 공략, 'CSM 확보'에 방점
- [한화생명 글로벌 은행업 도전기]해외 진출 주역 김동원 사장, '인도네시아' 선택한 이유
- [보험 패러다임 시프트]DB손보, 선제적 대응으로 일궈낸 '이익 체력'
- [외국계 보험사는 지금]ABL생명, 보험료 감소에도 기업가치 제고…올해는 '건강보험'
- 하나저축, 분기 흑자 전환…충당금 여파는 '여전'
- 엠케이전자, '재생 본딩와이어' 공급 스타트
- [제약바이오 맨파워 분석]리가켐의 자체임상 꿈 ACB, 2조 빅딜 숨은주역 '채제욱'
- HK이노엔, P-CAB 넥스트는 비만…GLP-1 '우협권' 확보