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Homeplus Securitization Short-term Bond Victims Hold A Press Conference

Individual investors in Homeplus Asset-Backed Short-Term Bonds (ABSTB) hold a press conference in front of the Financial Supervisory Service in Yeouido, Seoul, South Korea, on March 12, 2025. They urge the recognition of ABSTB as trade receivables and priority repayment. They argue that ABSTB is not merely a financial investment product for profit but a transaction based on trust in the credit of Homeplus and credit card companies, giving it the nature of trade receivables. They also raise suspicions of misconduct by MBK Partners, the owner of Homeplus, pointing out that Homeplus continues issuing commercial papers (CP) until just before filing for corporate rehabilitation. MBK Partners (MBKP) is a private equity firm focused on North Asia. (Photo by Chris Jung/NurPhoto)

Photo Details

Photo ID	#12148634
Date Taken	12 March 2025
Location	N/A
Photographer	Chris Jung/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Chris Jung/NurPhoto

Related Keywords

2025 Business Finance and Industry Consumer Protection Finance Finance and Economy Financial Market Financial Occupation Fraud Headquarters In Front Of Investment Korea People Political Rally Protest Responsible Business Risk Scandal Seoul Social Issues South Korea Stock Market Data Victim Yeouido MBK Homeplus investor ABSTB Homeplus Asset-Backed Short-Term Bonds ABSTB Financial Supervisory Service Yeouido Seoul South Korea March 12 2025 trade receivables priority repayment financial investment trust credit Homeplus credit credit card companies transaction misconduct MBK Partners corporate rehabilitation commercial papers CP private equity firm North Asia press conference individual investors recognition profit filing corporate rehabilitation issuing suspicions misconduct owner.

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