
TRG agrees sale of Korean fried chicken business BHC

The Rohatyn Group (TRG) has agreed to exit BHC Group, a South Korean fried chicken restaurant franchisor, by selling the business back to its founder.
NH Investment & Securities is providing debt financing for the deal, while MBK Partners’ credit and special situations unit will cover the mezzanine tranche, according to a source familiar with the situation....
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