South Korean prosecutors have sought arrest warrants for MBK Partners chairman Michael Byung-ju Kim and three other executives over alleged misconduct at supermarket chain Homeplus. Prosecutors allege the executives knew a credit-rating downgrade was likely but still pushed Homeplus to issue asset-backed bonds in February last year before the retailer entered court receivership, causing investor losses. Warrants were requested for Homeplus CEO Kim Kwang-il, MBK vice president