
KKR Group Finance Co X LLC, founded in 2018 and based in New York City, functions as a vital financing entity within the KKR ecosystem, focusing on providing capital solutions to the firm’s portfolio companies. The company specializes in offering a range of debt instruments, including secured loans and corporate bonds, catering to the increasing demands of retail and institutional investors alike.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
KKR 3.25% 2051-12-15 USDKkr Group Finance Co X Llc | United States | 2051-12-15 | 3.250 | 5.73 |
KKR 3.25% 2051-12-15 USDKkr Group Finance Co X Llc | United States | 2051-12-15 | 3.250 | 5.73 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, KKR Group Finance Co X has actively engaged in bond issuances, starting with its debut offering in early 2019, which raised $500 million to support strategic growth initiatives of its affiliated companies. Notably, the company issued $1 billion in bonds in 2021, providing an attractive yield of 4.5%, significantly higher than the average yield in the industry, which stood at 3.8% at that time. Furthermore, KKR Group Finance Co X has included noteworthy features in its bond offerings, such as call options and step-up coupons, appealing to diverse investor profiles. Recent market trends have indicated an uptick in demand for their bonds, particularly as the company has expanded its portfolio and supported larger corporate actions, enhancing its visibility in the bond market.