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KKR Financial calls $258.75 million of 8.375% notes due 2041 at par
By Susanna Moon
Chicago, Oct. 25 – KKR Financial Holdings LLC will redeem its $258.75 million principal amount of outstanding 8.375% $25-par senior notes due 2041.
The notes will be redeemed at par plus accrued interest to but excluding the redemption date of Nov. 15, according to a company notice.
The company said it plans to use cash on hand to fund the redemption.
KKR Financial is a specialty finance company based in San Francisco.
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