NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $900,000,000 aggregate principal amount of its 5.100% Senior Notes due 2035 (the “notes”). The notes will be senior obligations of KKR and will be fully and unconditionally guaranteed by KKR Group Partnership L.P. The offering is expected to close on August 7, 2025, subject to customary closing conditions. KKR intends to use the net proceeds from the sale of
Related Questions
Will the new notes be listed on any exchange and what is the expected secondary market demand?
Does the timing of the closing (August 7, 2025) align with any macroeconomic conditions that could influence interest rates?
How will the issuance of $900M senior notes affect KKR's capital structure and leverage ratios?
What is the expected yield to maturity on the 5.100% senior notes and how does it compare to current market yields for similar maturities?
How does the pricing of the notes (5.100%) compare to KKR's existing debt and to peer issuances of comparable credit quality?
Will the proceeds be used for specific strategic initiatives, such as acquisitions or share repurchases, and how might that impact valuation?
What are the redemption features or call provisions of the notes and how might they affect future cash flow?
How will the unconditional guarantee by KKR Group Partnership L.P. affect the risk profile of the notes?
What is the credit rating of the notes and any potential impact on KKR's overall credit rating?
Could the issuance exert upward pressure on KKR's stock price due to increased liquidity or signal of growth plans?