Private equity funds are ramping up loan deals in Asia to fund dividend payouts as they struggle to exit corporate buyouts.
Trustar Capital, an Asian private equity firm, is in talks with banks for a loan of as much as $1 billion to fund a payout to shareholders of Loscam Asia Pacific Co., a Hong Kong-headquartered maker of pallets used in transporting of goods. Brookfield Asset Management is seeking fundsfor a similar purpose for Altius Telecom Infrastructure Trust, the owner of one of India’s biggest digital infrastructure companies.
Leveraged loans in the Asia Pacific where proceeds were ...
