KKR ¥60.5 billion senior notes offering
The Rule 144A / Regulation S investment-grade notes offering consists of five tranches
Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by KKR Group Finance Co. XI LLC, a wholly owned finance subsidiary of KKR & Co. Inc., of ¥36.4 billion aggregate principal amount of 1.054% senior notes due 2027, ¥4.9 billion aggregate principal amount of 1.244% senior notes due 2029, ¥6.2 billion aggregate principal amount of 1.437% senior notes due 2032, ¥7.5 billion aggregate principal amount of 1.553% senior notes due 2034 and ¥5.5 billion aggregate principal amount of 1.795% senior notes due 2037.
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR has completed more than 650 private equity investments with a total transaction value in excess of $675 billion.
The Davis Polk capital markets team included partner Byron B. Rooney, counsel Jennifer Ying Lan and associates Brad Larkin and Courtney Clark. Partner Patrick E. Sigmon and associate Yueyu Yang provided tax advice. All members of the Davis Polk team are based in the New York office.