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Published on 5/5/2010 in the Prospect News Bank Loan Daily.

KKR Financial Holdings upsizes asset-based revolver to $250 million

By Sara Rosenberg

New York, May 5 - KKR Financial Holdings LLC increased its four-year asset-based revolving credit facility to $250 million from $210 million, according to an 8-K filed with the Securities and Exchange Commission.

The upsizing was done on Wednesday through the use of a portion of the accordion feature.

The additional $40 million of commitments came from SG Americas Securities.

KKR Financial is a specialty finance company.


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