TOKYO -- Australia's Pepper Group, owned by U.S. private equity giant KKR, will begin targeting nonperforming loans in Japan as the pandemic continues to wallop businesses, Nikkei has learned.
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KKR-backed Pepper to collect foreign investors' bad debt in Japan
Australian company looks to help struggling businesses amid pandemic
Pepper Group has acquired Tokyo-based collection agency MC Group as it seeks to revive local businesses suffering under excessive debt loads. (Photo by Hirofumi Yamamoto)
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