KKR Announces Offering of Mandatory Convertible Preferred Stock
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KKR & Co. Inc. has announced an offering of $1.5 billion in Series D Mandatory Convertible Preferred Stock, with an option for underwriters to purchase an additional $225 million. This move is subject to market conditions.
March 04, 2025 | 12:30 pm
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KKR is offering $1.5 billion in Series D Mandatory Convertible Preferred Stock, potentially increasing to $1.725 billion. This could impact KKR's capital structure and investor perception.
The offering of mandatory convertible preferred stock can affect KKR's capital structure by increasing equity if converted. It may also influence investor perception positively or negatively depending on market conditions and the perceived need for capital.
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