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It is the second large private equitybuyout to fail in Australia this month.
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The HSH portfolio includes interests in 47 European private equitybuyout funds, the lender said.
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London Briefing:Is J Sainsbury destined to enter the record books as Europe's biggest-ever private equitybuyout?
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A private equitybuyout looks more probable, given the brand's niche positioning in the restaurant space.
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The deal to acquire Benihana is the second private equitybuyout in the restaurant sector this month.
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That would be a record high price for a private equity -to-private equitybuyout deal in South Korea.
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Private equitybuyout loans look set to close 2015 substantially lower than 2014.
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Banks have lined up around 450 million euros of debt to back a private equitybuyout, according to banking sources.
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That speculation ended when Sallie Mae confirmed the deal, the biggest U.S. private private equitybuyout in the financial sector.
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Dutch cable company Ziggo, which was originally a private equitybuyout, gradually refinanced its capital structure with loans and bonds.
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This week, he helped thwart the largest attempted private equitybuyout in British history - but it was a close-run thing.
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Loans for the $5.6 billion private equitybuyout of Allison Transmission sold for 96 cents.
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But G4S looks too big for trade buyers, a breakup would be risky and a private equitybuyout wouldn't restore its credibility.
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Blackstone has become emblematic of a private equitybuyout wave that has left few industries untouched, from casinos to utilities to technology companies.
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Blavatnik became a director at Warner Music in 2004, when Bronfman led a private equitybuyout of the company from Time Warner Inc.
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Second-round bids are due by mid-December in the deal, which could be the largest private equitybuyout in Asia this year, the sources said.