Michael DeSombre and Frank Jin Author Article on Future of Acquisition Financing in AsiaAugust 19, 2013
Messrs. DeSombre and Jin wrote the article, “The future of acquisition financing in Asia,” featured in IFLR’s July 2013 issue. The article outlined reasons for the likely development of acquisition and leveraged financing in Asia within the next decade, despite Asia’s market being relatively behind the United States and Europe by volume. Messrs. DeSombre and Jin believe that the $3.7 billion Focus Media transaction, along with a recent wave of leveraged finance, will be the start of future acquisition financing. In the article, they review key issues in leveraged financing for PRC-based businesses and the precedent-setting aspects of the Focus Media transaction.