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KKR Prices $550,000,000 of 6.875% Subordinated Notes due 2065

1. KKR priced $550 million subordinated notes at 6.875% due 2065. 2. The offering may strengthen KKR's financial position with additional capital.

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FAQ

Why Bullish?

Issuing subordinated notes can enhance liquidity and fund growth initiatives. Historical examples include improved stock performance post-debt issuance.

How important is it?

The issuance of notes indicates KKR is securing capital effectively, likely impacting investor confidence.

Why Long Term?

The funds from this offering can be utilized for strategic investments or debt refinancing, benefiting KKR over time.

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NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $550,000,000 aggregate principal amount of its 6.875% Subordinated Notes due 2065 (the “notes”). The notes will be subordinated obligations of KKR and will be fully and unconditionally guaranteed by KKR Group Partnership L.P. The underwriters have a 30-day option to purchase up to an additional $82,500,000 aggregate principal amount of notes, solely to cover.

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