KKR Capital Markets gets $500 million amended and restated revolver

By Sara Rosenberg

New York, March 23 – KKR Capital Markets Holdings LP closed on a $500 million amended and restated five-year revolving credit facility on Friday, according to an 8-K filed with the Securities and Exchange Commission on Monday.

Mizuho Bank is the administrative agent on the deal.

Pricing on the revolver ranges from Libor plus 175 basis points to 300 bps, depending on the amount and nature of the loan.

Proceeds were used to refinance an existing revolver.

As of March 20, €75 million was outstanding under the revolver, and various letters of credit were outstanding in the amount of $55.1 million.

KKR Capital Markets is a New York-based provider of capital markets advice and developer of capital solutions for investments and companies seeking financing.

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