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Prospect News home > News index > List of issuers K > Headlines for KKR Group Finance Co. LLC > News item
Published on 6/18/2019 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

KKR to redeem $500 million 6.375% notes via new note proceeds, cash

By Sarah Lizee

Olympia, Wash., June 18 – KKR & Co. Inc. subsidiary KKR Group Finance Co. LLC plans to redeem its $500 million 6.375% senior notes due 2020 using proceeds from new notes and cash on hand, according to an 8-K filing with the Securities and Exchange Commission.

On Monday the company announced that subsidiary KKR Group Finance Co. VI LLC priced $500 million of 3.75% 10-year senior notes (A/A) on the tight side of guidance at a spread of 170 basis points over Treasuries.

KKR is a New York-based global investment firm.


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