KKR & Co. Inc. has announced a debt offering involving the issuance and sale of $550 million principal amount of 6.875% Subordinated Notes due in 2065. The offering is being conducted through an underwriting agreement with Wells Fargo Securities, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, UBS Securities LLC, and KKR Capital Markets LLC. The underwriters have a 30-day option to purchase up to an additional $82.5 million principal amount of notes to cover over-allotments. The offering is expected to close on May 28, 2025, contingent on customary closing conditions. The notes are guaranteed on a subordinated unsecured basis by KKR Group Partnership L.P., a subsidiary of KKR & Co. Inc. The offering is being made under a registration statement on Form S-3 (Registration No. 333-279233) with a related prospectus dated May 8, 2024, and a prospectus supplement dated May 20, 2025, filed with the Securities and Exchange Commission.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.