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Published on 5/11/2022 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

S&P rates KKR notes A

S&P said it assigned its A debt rating to the planned senior unsecured notes due 2032 by KKR Group Finance Co. XII LLC, an indirect subsidiary of KKR & Co. Inc. KKR & Co. Inc. and KKR Group Partnership LP will guarantee the notes.

The agency’s issuer rating for KKR & Co. is A.

The proceeds are expected to be used for general corporate purposes.

The outlook is stable.


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