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Prospect News home > News index > List of issuers K > Headlines for KKR Financial Holdings LLC > News item
Published on 12/13/2017 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

KKR Financial to redeem all series A LLC preferred shares on Jan. 16

By Wendy Van Sickle

Columbus, Ohio, Dec. 13 – KKR Financial Holdings LLC will redeem all of its outstanding 7.375% series A LLC preferred shares on Jan. 16.

The notes will be redeemed at a liquidation preference of $25.00 apiece plus accrued distributions to but excluding the redemption date, according to an 8-K filing with the Securities and Exchange Commission.

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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