Reported Earlier, KKR Prices ¥91.4B In Senior Notes Offering Across Multiple Maturities For Corporate Financing Needs
Portfolio Pulse from Benzinga Newsdesk
KKR & Co. Inc. (NYSE: KKR) has announced the pricing of ¥91.4 billion in senior notes across multiple maturities for corporate financing needs. The notes, issued by KKR Group Finance Co. XI LLC, are guaranteed by KKR & Co. Inc. and KKR Group Partnership L.P.
May 23, 2024 | 6:41 am
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KKR & Co. Inc. has priced ¥91.4 billion in senior notes across multiple maturities to meet corporate financing needs. This move indicates KKR's strategy to secure long-term financing at fixed interest rates, which could be beneficial for its financial stability and growth.
The issuance of senior notes across multiple maturities allows KKR to lock in fixed interest rates, which can help manage its debt more effectively and support its long-term financial planning. This is likely to be viewed positively by investors as it demonstrates proactive financial management.
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