| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers K > Headlines for KKR & Co. LP > News item |
S&P: KKR unchanged after add-on
Standard & Poor’s said the A rating on KKR & Co. LP’s 5.125% senior unsecured notes due in 2044 is unchanged after the $500 million add-on offering.
KKR will use the proceeds from the add-on for general corporate purposes, including acquisitions and investments, S&P said.
The company’s long-term issuer credit rating remains at A and the outlook stable.
The ratings reflect the company’s satisfactory business risk profile, the agency said.
S&P said the issuance will not have an immediate effect on the company’s competitive position.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.