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Prospect News home > News index > List of issuers K > Headlines for KKR Financial Holdings LLC > News item
Published on 8/6/2009 in the Prospect News Convertibles Daily.

KKR Financial issues 7.2 million shares for $15.7 million of 7% convertible notes due 2012

By Jennifer Chiou

New York, Aug. 6 - KKR Financial Holdings LLC completed two exchange transactions in June under which it issued 7.2 million shares in exchange for $15.7 million of its 7% convertible senior notes due 2012, according to a 10-Q filing with the Securities and Exchange Commission.

As a result, the company said it recorded a gain of $6.9 million in the second quarter.

San Francisco-based KKR Financial Holdings is a specialty finance company.


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