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Published on 10/25/2016 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

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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