Korea Credit Ratings, which downgraded Homeplus’ credit rating in February, directly pointed to MBK Partners’ management method as the reason for the downgrade.
In addition, for companies with private equity funds (PEFs) like Homeplus, strategies that focus on collecting investments are important factors in determining creditworthiness, and a close review of management’s financial policies is necessary. Korea Credit Ratings, one of the three major credit rating agencies in Korea, is expected to introduce strict standards to companies owned by PEF in the future, which is expected to have a significant impact on the overall credit rating and PEF industries.
The Homeplus Bankruptcy Company Analysis Report, which was included in the Korea…
