KKR Prices ¥61,500,000,000 of Senior Notes
May 17 2023 - 10:43PM
Business Wire
KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it
has priced an offering of ¥44,700,000,000 aggregate principal
amount of its 1.428% Senior Notes due 2028 (the “2028 notes”),
¥1,800,000,000 aggregate principal amount of its 1.614% Senior
Notes due 2030 (the “2030 notes”), ¥1,500,000,000 aggregate
principal amount of its 1.939% Senior Notes due 2033 (the “2033
notes”), ¥3,000,000,000 aggregate principal amount of its 2.312%
Senior Notes due 2038 (the “2038 notes”), ¥4,500,000,000 aggregate
principal amount of its 2.574% Senior Notes due 2043 (the “2043
notes”) and ¥6,000,000,000 aggregate principal amount of its 2.747%
Senior Notes due 2053 (the “2053 notes” and, together with the 2028
notes, the 2030 notes, the 2033 notes, the 2038 notes and the 2043
notes, the “notes”) issued by KKR Group Finance Co. XI LLC, its
indirect subsidiary. The notes are to be fully and unconditionally
guaranteed by KKR & Co. Inc. and KKR Group Partnership L.P.
KKR intends to use the net proceeds from the sale of the notes
for general corporate purposes.
The notes will be offered and sold to qualified institutional
buyers in the United States pursuant to Rule 144A and outside the
United States pursuant to Regulation S under the Securities Act of
1933, as amended (the “Securities Act”).
The notes have not been registered under the Securities Act or
any state securities laws and may not be offered or sold in the
United States absent registration or an applicable exemption from
the registration requirements of the Securities Act and applicable
state laws.
This press release shall not constitute an offer to sell or a
solicitation of an offer to purchase the notes or any other
securities, and shall not constitute an offer, solicitation or sale
in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful. This press release is being issued
pursuant to and in accordance with Rule 135c under the Securities
Act.
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and Section 27A of the Securities Act of 1933, as
amended, pertaining to KKR. Forward-looking statements relate to
expectations, estimates, beliefs, projections, future plans and
strategies, anticipated events or trends and similar expressions
concerning matters that are not historical facts. These
forward-looking statements can be identified by the use of words
such as “outlook,” “believe,” “think,” “expect,” “potential,”
“continue,” “may,” “should,” “seek,” “approximately,” “predict,”
“intend,” “will,” “plan,” “estimate,” “anticipate,” the negative
version of these words, other comparable words or other statements
that do not relate strictly to historical or factual matters. These
forward-looking statements are based on KKR’s beliefs, assumptions
and expectations, but these beliefs, assumptions and expectations
can change as a result of many possible events or factors, not all
of which are known to KKR or within its control. Due to various
risks and uncertainties, actual events or results may differ
materially from those reflected or contemplated in such
forward-looking statements. We believe these factors include those
in the sections entitled “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” in our Annual Report on Form 10-K for the fiscal year
ended December 31, 2022 and our Quarterly Report on Form 10-Q for
the quarterly period ended March 31, 2023, as such factors may be
updated from time to time in our periodic filings with the SEC,
which are accessible on the SEC’s website at www.sec.gov. These
factors should be read in conjunction with the other cautionary
statements that are included in our periodic filings. Past
performance is no guarantee of future results. All forward-looking
statements speak only as of the date of this press release. KKR
does not undertake any obligation to update any forward-looking
statements to reflect circumstances or events that occur after the
date of this press release except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230517005878/en/
Investor Relations: Craig Larson Tel: +1 (877) 610-4910
(U.S.) / +1 (212) 230-9410 investor-relations@kkr.com
Media: Kristi Huller, Miles Radcliffe-Trenner or Julia
Kosygina Tel: + 1 (212) 750-8300 media@kkr.com
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