Hanaro Telecom

In a relatively uninspiring year in the Asian syndicated loan markets JP Morgan and DBS were able to bring a $600 million equivalent TMT financing to the market for Hanaro Telecom. The deal was noticeable from the outset as it became the first deal in Asia to be awarded following a proxy bid. Sponsors AIG and Newbridge gained the necessary shareholder support over a rival group containing LG, supported by Citibank, on October 21. The financing package totals $1.1 billion and include…