Hana Financial, Hahn & Co. Team Up for A W1.8tr Bulk Carrier Purchase!

Hahn & Co. and Hana Financial Group have agreed to buy a 100 percent stake in H-Line Shipping for 1.8 trillion won ($1.45 billion).
The two firms will create a project fund for the leveraged buyout of H-Line Shipping, which is now fully owned by another fund of Hahn & Co. Under the plan, nearly 45 percent of the acquisition cost will be leveraged.
The move is aimed at shifting H-Line Shipping’s shareholders into long-term investors, a Hahn & Co. This will mark the first buyout deal that Hana...