KKR Financial Corp. Announces Post-Effective Amendment Declared Effective; Trading Blackout Lifted
April 13 2006 - 6:50PM
PR Newswire (US)
SAN FRANCISCO, April 13 /PRNewswire-FirstCall/ -- KKR Financial
Corp. (NYSE:KFN) today announced that the Securities and Exchange
Commission ("SEC") has declared effective its Post-Effective
Amendment No. 2 to its Registration Statement on Form S-11 (the
"Registration Statement") relating to the resale of 43,509,002
shares of its common stock. The prohibition on the sale of shares
of KKR Financial Corp. common stock by selling stockholders named
in the prospectus that forms a part of the Registration Statement
has been lifted. A copy of the prospectus meeting the requirements
of Section 10 of the Securities Act of 1933 is available on the
Company's website at http://www.kkrfinancial.com/ or on the SEC's
website at http://www.sec.gov/. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy
securities, nor there any sale of these securities in any state in
which such offer solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state. The statements contained in this press release may include
forward-looking statement within the meaning of the federal
securities laws. Although the Company believes that the
expectations reflected in such forward-looking statements are based
on reasonable assumptions, it can give no assurance that its
expectations will be achieved. As forward-looking statements, these
statements involve risks, uncertainties and other factors that
could cause actual factors to differ materially from the expected
results. These factors are detailed in the Company's filing with
the SEC. The Company assumes no obligation to update or supplement
forward-looking statements to reflect subsequent events or
circumstances. KKR Financial Corp. is a specialty finance company
that invests in multiple asset classes and uses leverage to
generate competitive leveraged risk-adjusted returns. KKR Financial
Corp. currently makes investments in the following asset classes:
(i) residential mortgage loans and mortgage-backed securities; (ii)
corporate loans and debt securities; (iii) commercial real estate
loans and debt securities; (iv) asset-backed securities; and (v)
equity securities. KKR Financial Corp. also makes opportunistic
investments in other asset classes from time to time. KKR Financial
Corp. was organized as a Maryland corporation on July 7, 2004, and
commenced operations on August 12, 2004. KKR Financial Corp. is
structured as a real estate investment trust and KKR Financial
Advisors LLC manages KKR Financial Corp. pursuant to a management
agreement. KKR Financial Corp. and KKR Financial Advisors LLC are
affiliates of Kohlberg Kravis Roberts & Co. L.P. For more
information about KKR Financial Corp. or a copy of this press
release visit its website at http://www.kkrfinancial.com/. CONTACT:
Investors Media Laurie Poggi Roanne Kulakoff/Joseph Kuo KKR
Financial Kekst and Company (415) 315-3718 (212) 521-4837/4863
DATASOURCE: KKR Financial Corp. CONTACT: Investors, Laurie Poggi of
KKR Financial, +1-415-315-3718; or Media, Roanne Kulakoff,
+1-212-521-4837, or Joseph Kuo, +1-212-521-4863, both of Kekst and
Company, for KKR Financial Web site: http://www.kkrfinancial.com/
Copyright
Kkr Financial (NYSE:KFN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Kkr Financial (NYSE:KFN)
Historical Stock Chart
From Jul 2023 to Jul 2024