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Deal Overview

Buyer:
Undisclosed buyer
Actual Acquirer:
Undisclosed buyer
Target:
Loans
Deal Type:
Specialty Finance Portfolio
Seller:
Nara Bancorp, Inc.
Agreement Date:
8/19/2010
Announcement Date:
8/19/2010
Announced Deal Value ($ M):
38.80
Status:
Completed
Completion Date:
8/19/2010

Consideration Breakout
Cash ($M) 38.8

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 63.50 63.50
Price / Managed Receivables (%) 63.50 63.50
Deal Terms
Description of Consideration

Nara Bancorp Inc. sold its $61.1 million of problem loans for $38.8 million to an undisclosed buyer.

Percent Acquired (%) NA
Purchase Method Acquisition
Merger of Equals? No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller Yes Keefe Bruyette & Woods Inc.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA
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