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Prospect News home > News index > List of issuers K > Headlines for KKR Financial Holdings LLC > News item
Published on 11/9/2011 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Fitch rates KKR notes BBB

Fitch Ratings said it assigned a rating of BBB to KKR Financial Holdings LLC's $225 million unsecured senior note issuance due 2041.

The proceeds will be used to refinance the $135 million of outstanding convertible notes maturing in July 2012 with a coupon of 7% and for general corporate purposes, including investment capital.

KKR Financial also has a long-term issuer default rating of BBB.

The outlook is stable.


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